Financial News for the Week of March 16, 2018
HIGHLIGHTS OF THE WEEK Our outlook for the U.S. economy through 2019 got revised up this week, as additional fiscal stimulus helps boost the outlook for domestic demand growth. The inflation reading for February remains consistent with the view…
Financial News for the Week of March 9, 2018
HIGHLIGHTS OF THE WEEK President Trump announced tariffs on steel and aluminium imports to take effect in 15 days. The scope is narrower than initially announced. Mexico and Canada are exempt, and more allies may be excluded once the levies take…
Financial News for the Week of March 2, 2018
HIGHLIGHTS OF THE WEEK Markets sold off sharply this week, following a somewhat hawkish assessment of the U.S. economy from the Fed’s new chair Jerome Powell and the announcement of steep tariffs on steel and alumimium imports by Donald Trump.…
Financial News for the Week of February 23, 2018
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Last A holiday-shortened trading week light in economic data left markets to focus on communications from the Federal Reserve. U.S. existing home sales slumped in January, beleaguered by low inventories and…
Financial News for the Week of February 16, 2018
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Last week’s market sell-off came to a halt this week. U.S. equities staged a decent recovery, looking past January reports that pointed to higher-than-expected inflation and worse-than-expected retail sales.…
Financial News for the Week of February 9, 2018
HIGHLIGHTS OF THE WEEK Major U.S. stock indices entered correction territory on Thursday but remain elevated relative to where they were a year ago. The sell-off was spurred by fears of higher interest rates, as the 10-year government bond yield…
Financial News for the Week of February 2, 2018
HIGHLIGHTS OF THE WEEK Another week, another sell-off in the bond market. As of the time of writing the U.S. 10-year yield stood at over 2.8%, up more than 10 basis points from the end of last week. U.S. payrolls expanded by 200k in January while…
Financial News for the Week of January 26, 2018
HIGHLIGHTS OF THE WEEK U.S. economic data was relatively constructive this week; existing home sales remained near their multiyear highs, while real GDP expanded by a robust 2.6% (annualized) to cap off last year. The IMF upgraded its global…
Financial News for the Week of January 19, 2018
HIGHLIGHTS OF THE WEEK Not even a looming government shutdown could dampen market optimism this week. More evidence of strong momentum in the economy saw equities gain ground, while Treasuries and the U.S. Dollar continued to fall. It remained a…
Financial News for the Week of January 11, 2018
HIGHLIGHTS OF THE WEEK The second week of 2018 marked another strong performance in equity markets. While the advance did take a breather midweek, the main American stock indices resumed their upward trajectory, rising to new highs. The rally…