Financial News for the Week of January 5, 2018
HIGHLIGHTS OF THE WEEK Investors celebrated tax cuts by snapping up U.S. equities this week, extending last year’s record-setting rally into the first week of 2018. Energy stocks were lifted as WTI hit $62 for the first time since 2014. December’s…
Financial News for the Week of December 22, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The Tax Cuts and Jobs Act was passed by Congress and signed by the President this week. The U.S. economy continues to show signs of strong momentum heading into 2018. Housing activity is recovering nicely from…
Financial News for the Week of December 15, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Economic policymakers in Washington squeezed a lot in this week before heading home for the holidays. As expected, the Fed raised rates a quarter point and upgraded their economic growth forecasts Republican…
Financial News for the Week of December 8, 2017
HIGHLIGHTS OF THE WEEK The Federal Reserve meets next week and is near-universally expected to raise interest rates by 25 basis points, bringing the target for the fed funds to a range of 1.25% to 1.5%. The U.S. labor market continues to make…
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…