Financial News for the Week of February 8, 2019
HIGHLIGHTS OF THE WEEK Global central banks have followed the cue set by the Fed, as they too take a break from tighter monetary policy to assess mounting risks to global growth. Activity in the U.S. services sector cooled a bit in January as…
Financial News for the Week of February 1, 2019
HIGHLIGHTS OF THE WEEK Financial markets extended their gains this week. The re-opening of the U.S. government, the dovish FOMC statement, progress in the U.S.-China trade talks and a strong January payroll report all helped to boost sentiment.…
Financial News for the Week of January 25, 2019
HIGHLIGHTS OF THE WEEK Global equity markets are up on the week, despite some negative economic news, and continued dysfunction in Washington. The ECB characterized the economic risks as to the downside, and will be more cautious removing……
Financial News for the Week of January 18, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The government shutdown extended to its 28th day, making it the longest on record with no clear end in sight. The White House upped its estimate of the impact of the government shutdown to a 0.5ppt drag on 19Q1…
Financial News for the Week of January 11, 2019
HIGHLIGHTS OF THE WEEK U.S. equity markets built on last Friday’s gains, firming up for the second consecutive week. Seemingly-fruitful trade negotiations between the U.S. and China offered notable support. With respect to data, both the ISM…
Financial News for the Week of January 4, 2019
HIGHLIGHTS OF THE WEEK The New Year came with baggage from the old for thousands of federal employees caught in the middle of a budget tug-of-war between Congress and the White House that has led to a partial government shutdown. The volatility in…
Financial News for the Week of December 21, 2018
HIGHLIGHTS OF THE WEEK As widely expected, the Fed hiked rates once more this year. At the same time, the Fed’s dot plot moved lower over the forecast horizon. These changes are consistent with a softer inflation and economic outlook. Data came in…
Financial News for the Week of December 14, 2018
HIGHLIGHTS OF THE WEEK After some optimism early in the week, financial market sentiment soured as focus shifted back to fears of an escalation in trade tensions, Brexit uncertainty, and a potential economic downturn in 2019. The U.S. consumer…
Financial News for the Week of December, 2018
HIGHLIGHTS OF THE WEEK Data released this week remains consistent with the view that U.S. economy continues to expand at an above-trend pace. Although disappointing in terms of the headline, job gains were also consistent with an economy running…
Financial News for the Week of November 30, 2018
HIGHLIGHTS OF THE WEEK FOMC minutes released this week suggested that flexible could be the new gradual for the Fed. While a rate hike for December may be in the cards, future moves are now more dependent on the incoming economic data. President…