Month: September 2018
Financial News for the Week of September 28, 2018
HIGHLIGHTS OF THE WEEK Fed hiked rates by 25 bps this week as widely expected. But, the communiqué dropped the reference to policy remaining “accommodative”. Interpretations regarding this change led to volatility in bond yields and equities. The…
Financial News for the Week of September 21, 2018
HIGHLIGHTS OF THE WEEK U.S. equity markets were unbowed by escalating trade actions between the U.S. and China this week. The S&P500 reached new highs bolstered by healthy earnings reports and growth in share buybacks. Equity market optimism is…
Financial News for the Week of September 7, 2018
HIGHLIGHTS OF THE WEEK Concerns about emerging markets continued to weigh on investor sentiment this week, with the selloff in EM assets and currencies spreading beyond Turkey and Argentina. Meanwhile, domestic data remained positive. ISM indices…