Financial News
Financial News for the Week of October 11, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK CPI report - the only key data release this week - confirmed that inflation remained tame in September. Both headline and core inflation registered a muted 0.1% increase on the month, leaving the readings flat…
Financial News for the Week of October 4, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK October began on a sour note. A deepening contraction in the manufacturing ISM confirmed that the global manufacturing slump has washed up on American shores, and the sectoral weakness may be spreading into…
Financial News for the Week of September 27, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK A downturn in U.S. consumer confidence and rising political risks as the House began impeachment inquiries against President Trump, triggered volatility in global markets. U.S. personal incomes jumped in August…
Financial News for the Week of September 20, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK In the main financial event of the week, the Federal Reserve cut its key lending rate by 25 basis points, but was mum on the prospect for additional cuts. Our latest forecast sees slower economic growth leading…
Financial News for the Week of September 13, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK There was good news in the trade negotiations between the U.S. and China this week as the President announced a postponement of tariffs and China exempted key agricultural goods (pork and soybeans) from…
Financial News for the Week of August 30, 2019
FINANCIAL NEWS 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…
Financial News for the Week of August 23, 2019
FINANCIAL NEWS 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…
Financial News for the Week of August 16, 2019
FINANCIAL NEWS 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…
Financial News for the Week of August 9, 2019
FINANCIAL NEWS 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…
Financial News for the Week of August 2, 2019
FINANCIAL NEWS 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…