Financial News for the Week of March 29, 2019

HIGHLIGHTS OF THE WEEK The U.S. economy expanded at a slower pace than previously reported in the fourth quarter (2.2% vs. 2.6%). This left annual average growth at just below the 3% mark, though Q4/Q4 they were just able to hit that psychological marker. Housing starts declined in Fe
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Financial News for the Week of March 22, 2019

HIGHLIGHTS OF THE WEEK The Fed’s dots showed that it only expects to hike rates once more by the end of 2020, sending Treasury yields lowermid-week. On Friday, weakness in March manufacturing surveys in Europe, Japan, and the U.S. sent longer-term U.S. yields low enough to invert the
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Financial News for the Week of March 15, 2019

HIGHLIGHTS OF THE WEEK Our updated economic forecast anticipates a slowdown in global growth to 3.2% in 2019, roughly at trend. A weak handoff from 2018 and start to 2019 motivates much of the downgrades in advanced economies, while growth in emerging markets is anticipated to perk up
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Financial News for the Week of March 8, 2019

HIGHLIGHTS OF THE WEEK This week started off on an upbeat note. An uptick in the ISM non-manufacturing index got the ball rolling, with the headline rising by 3.0 points to 59.7 in February. In a nice twist to the recent doom and gloom, housing data was also encouraging. Sales of new
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Financial News for the Week of March 1, 2019

HIGHLIGHTS OF THE WEEK The U.S. economy grew a robust 2.9% in 2018, the best performance since 2015, but growth moderated at the end of the year and at the start of 2019.  The government shutdown and soft consumer spending in December are expected to translate into near 1% growth this
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