Financial News
Financial News for the Week of October 26, 2018
HIGHLIGHTS OF THE WEEK It was a sea of red in equity markets this week as risk off sentiment set in. As it stands, downturn in October has erased all the stock market gains from the start of the year. International developments didn’t help to lift…
Financial News for the Week of October 19, 2018
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Equity markets stopped hemorrhaging and partially recovered from last week’s downturn. Domestic data was predominantly underwhelming, but did little to change the status quo of a solidly-growing U.S. economy.…
Financial News for the Week of October 12, 2018
HIGHLIGHTS OF THE WEEK The S&P500 has seen its biggest five-day loss since February this week. Much like then, higher bond yields have led to a repricing of stocks. There are few signs the U.S. economy is cooling. September consumer price…
Financial News for the Week of September 28, 2018
HIGHLIGHTS OF THE WEEK Fed hiked rates by 25 bps this week as widely expected. But, the communiqué dropped the reference to policy remaining “accommodative”. Interpretations regarding this change led to volatility in bond yields and equities. The…
Financial News for the Week of September 21, 2018
HIGHLIGHTS OF THE WEEK U.S. equity markets were unbowed by escalating trade actions between the U.S. and China this week. The S&P500 reached new highs bolstered by healthy earnings reports and growth in share buybacks. Equity market optimism is…
Financial News for the Week of September 7, 2018
HIGHLIGHTS OF THE WEEK Concerns about emerging markets continued to weigh on investor sentiment this week, with the selloff in EM assets and currencies spreading beyond Turkey and Argentina. Meanwhile, domestic data remained positive. ISM indices…
Financial News for the Week of August 31, 2018
HIGHLIGHTS OF THE WEEK Markets reacted positively to developments that the U.S. and Mexico had reached a trade deal. Details still need to be finalized, including Canada’s position. A revised, trilateral agreement looks unlikely to be achieved…
Financial News for the Week of August 24, 2018
HIGHLIGHTS OF THE WEEK Financial markets jitters have eased somewhat this week as concerns about emerging countries have temporarily subsided, helped in part by a lower U.S. dollar. Economic data was mixed. U.S. business investment remained upbeat…
Financial News for the Week of August 17, 2018
HIGHLIGHTS OF THE WEEK Concerns about Turkey drove market volatility this week, but U.S. equity markets managed a rebound. Strong retail sales and historically-high small business optimism suggest a strong economic expansion in the U.S. this…
Financial News for the Week of July 13, 2018
HIGHLIGHTS OF THE WEEK For the second week in a row, action on Chinese import tariffs dominated the economic news, but markets remained positive overall, likely reflecting relief that oil prices have come off their recent highs. Since China…