Financial News for the Week of April 26, 2019

HIGHLIGHTS OF THE WEEK The American economy grew by 3.2% in the first quarter of 2019, comfortably beating market expectations. However, the strength was driven by inventories and net exports, while domestic demand growth weakened. The housing market continues to be an economic weak l
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Financial News for the Week of April 18, 2019

HIGHLIGHTS OF THE WEEK Spring is coming to the U.S. economy after a tough winter. An impressive  bounce back in retail sales in March indicates that consumer spending will bounce back in the second quarter after a disappointing start. First quarter GDP growth is released next week, an
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Financial News for the Week of April 12, 2019

HIGHLIGHTS OF THE WEEK Inflation pressures remain benign, as headline consumer prices rose just 1.9% year-on-year in March, and core prices came in at 2.0%.These numbers reinforce the Fed’s ‘patience’stance that was reiterated in its March FOMC minutes. US-China trade negotiations are
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Financial News for the Week of April 5, 2019

HIGHLIGHTS OF THE WEEK Progress on U.S.-China trade negotiations helped support risk appetite this week, with equity prices and yields up. February retail sales fell 0.2% month-on-month, but an upgrade to January made it more palatable. On the other hand, the job market bounced back i
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