Financial News
Financial News for the Week of December 1, 2017
HIGHLIGHTS OF THE WEEK The prospect of corporate tax cuts led both the Dow Jones Industrial Average and the S&P 500 to record highs this week, with financial stocks outperforming substantially. Economic data was supportive, with third quarter…
Financial News for the Week of November 10, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK With little to digest on the data front, attention was devoted to political developments this week. Stock markets remained upbeat through Wednesday, given optimistic expectations on tax reform, supportive…
Financial News for the Week of November 3, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Investors this week were kept busy with the release of the GOP tax reform plan, which sent small cap stocks higher and the S&P 500 lower immediately after its announcement. President Trump nominated current…
Financial News for the Week of October 27, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK U.S. equities this week managed to recover from earlier losses following strong earnings and a series of upbeat economic data. Durable goods orders and new home sales surprised to the upside, while the House…
Financial News for the Week of September 29, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Investors paid close attention to developments from the White House this week, with President Trump’s tax overhaul proposal helping to send the S&P 500 to new highs. Inflation disappointed again in August,…
Financial News for the Week of September 22, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Finally, midway through 2017 global growth is looking better than it was a few months ago. Our latest Global Outlook discusses how the optimism that has been missing for several years has finally returned. With…
Financial News for the Week of September 15, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Investors and analysts reading the economic tea leaves were given mixed messages this week. On the one hand, inflation ticked up, but on the other, consumer spending softened. Consumer prices rose 0.4% (m/m) in…
Financial News for the Week of September 8, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Investors had lots to digest this week, with the lineup including communication from central banks, natural disasters and growing geopolitical tensions. The dynamics weighed on equities, while sending gold and…
Financial News for the Week of September 1, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Substantial positive revisions to Q2 US GDP indicated stronger momentum going into the third quarter than previously thought, with Hurricane Harvey expected to shave 0.1-0.4 ppts. off growth in Q3. Inflation…
Financial News for the Week of August 25, 2017
HIGHLIGHTS OF THE WEEK A very quiet week for economic data had markets anticipating Chair Yellen’s remarks at Jackson Hole. Her speech largely went over old ground on financial stability and the role of regulation. Next week, President Trump is…