Financial News for the Week of November 23, 2018
HIGHLIGHTS OF THE WEEK Equity market volatility persisted this week as the main indexes were dragged down by tech and energy stocks. The latter resumed their slide as oil prices fell to their lowest levels in more than a year. Housing data was…
Financial News for the Week of November 16, 2018
HIGHLIGHTS OF THE WEEK Equity markets were volatile again this week as concerns over global growth remained top of mind for investors. Economic data continues to point to solid economic growth stateside, with little signs that global weakness has…
Financial News for the Week of November 9, 2018
HIGHLIGHTS OF THE WEEK Between the midterm elections and a Fed rate decision there was plenty of news this week. But after the dust settled there was very little new information. In the midterm elections, Democrats gained a majority in the House of…
Financial News for the Week of November 2, 2018
HIGHLIGHTS OF THE WEEK The U.S. labor market continues to impress – churning out jobs like nobody’s business (+250k), keeping the unemployment rate near record lows (3.7%), drawing people into the labor force (participation rate up +0.2 percentage…
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…