Financial News for the Week of August 30, 2019

HIGHLIGHTS OF THE WEEK US-China trade tensions spiked last Friday as both countries announced more protectionist measures against each other, but later eased this week. Equity markets swept the escalation under the rug, making a full recovery on the week. Second-quarter U.S. GDP growt
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Financial News for the Week of August 23, 2019

HIGHLIGHTS OF THE WEEK This week may have been short on economic data, but the fireworks were lit on Friday as the President lashed out against China’s decision to impose tariffs on $75 billion of U.S. imports, sending stock markets into a tailspin. Risks increased, and global outlook
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Financial News for the Week of August 16, 2019

HIGHLIGHTS OF THE WEEK There was no summer vacation from financial market volatility this week as investors were increasingly worried that the global economy is about to slip into recession. The difference between the 10 and 2-Year Treasury yields turned briefly negative this week, se
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Financial News for the Week of August 9, 2019

HIGHLIGHTS OF THE WEEK China responded to the threat of additional U.S. tariffs by halting agricultural purchases and allowing its currency to weaken beyond the psychologically important 7 yuan to the dollar level. Central banks around the world responded to the heightened risk posed
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Financial News for the Week of August 2, 2019

HIGHLIGHTS OF THE WEEK Financial markets plunged after mixed messaging by the Federal Reserve, and later a 10% tariff on all remaining imported Chinese goods was announced to take effect in September. The Federal Reserve cut its policy rate by 25 basis points this week, but markets we
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