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…
Financial News for the Week of August 18, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK A relatively good week for economic data was overshadowed by geopolitical events. Volatility spiked late in the week, the Dow suffered its largest one day loss since May on Thursday, and the 10-Year Treasury…
Financial News for the Week of August 11, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Markets this week have been largely driven by corporate earnings and political events, with tensions on the Korean Peninsula escalating to the point where markets can no longer ignore them. Inflation…
Financial News for the Week of August 4, 2017
HIGHLIGHTS OF THE WEEK U.S. stock indices remained supported by the continued flow of favorable earnings releases. Bond yields and the U.S. dollar moved lower through Thursday, but that dynamic reversed course with the robust payrolls report. The…
Financial News for the Week of July 28, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK It was a good start to the week for U.S. equities, with stock prices boosted by another round of strong earnings reports and a weakening in the US dollar to its lowest level in over a year. However, these gains…
Financial News for the Week of July 21, 2017
HIGHLIGHTS OF THE WEEK It was a light domestic data week with investors focused on politics, central banks, and international data. U.S. equities set new records with the S&P 500 a mere 25 points from 2,500. while the dollar weakened broadly.…
Financial News for the Week of July 14, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Fedspeak took center stage this week. Fed Chair Yellen delivered prepared remarks to Congress, where among other things, she acknowledged the uncertainty as to when inflation would rise back toward its target.…