Month: February 2019

Financial News for the Week of February 22, 2019

HIGHLIGHTS OF THE WEEK The barrage of negative U.S. data continued this week, with weakness in December durable goods orders and a decline in existing home sales in January. Still, markets were hopeful that progress would be made in the China-U.S.…


Financial News for the Week of February 15, 2019

HIGHLIGHTS OF THE WEEK December retail sales came in significantly weaker than expected, falling 1.2% m/m, with the decline being broad-based. Consumption in Q4 is now tracking around 2.6% annualized – softer than expected, but still a pretty good…


Financial News for the Week of February 8, 2019

HIGHLIGHTS OF THE WEEK Global central banks have followed the cue set by the Fed, as they too take a break from tighter monetary policy to assess mounting risks to global growth. Activity in the U.S. services sector cooled a bit in January as…


Financial News for the Week of February 1, 2019

HIGHLIGHTS OF THE WEEK Financial markets extended their gains this week. The re-opening of the U.S. government, the dovish FOMC statement, progress in the U.S.-China trade talks and a strong January payroll report all helped to boost sentiment.…