Financial News for the Week of January 13, 2017
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Financial markets this week were captivated by policy-related tweets and a mid-week press conference by President-elect Donald Trump that, while entertaining, proved to be short on policy detail. Retail trade…
Financial News for the Week of December 23, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Investor sentiment remained upbeat this week, with U.S. equities looking to end the week on a positive note for the seventh consecutive week despite some profit taking. Domestic data was relatively robust this…
Financial News for the Week of December 16, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Despite delivering a widely anticipated quarter-point rate hike this week, the Fed’s more hawkish outlook for the pace of future rate hikes saw Treasury yields jolt higher. In our updated forecast we refrain…
Financial News for the Week of December 9, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Domestic data took a backseat to this week’s developments out of Europe with major political developments in Italy early in the week. On Thursday, the ECB revealed a reduction to its monthly asset purchases…
Financial News for the Week of December 2, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Bonds sold off for the fourth consecutive week, while equity markets are set to decline for the first time since the U.S. elections. Investors have likely engaged in some profit taking in advance of next week’s…
Financial News for the Week of November 25, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK U.S. stock markets continued to rise, with all three major indices reaching record highs. Economic data on the domestic front was generally constructive, with a number of indicators surprising to the upside.…
Financial News for the Week of November 18, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The Trumpflation trade continued this week with emerging markets and bonds selling off, as money piled into U.S. equities. The U.S. dollar remained well supported this week, with domestic economic data…
Financial News for the Week of October 28, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The odds of a rate increase in December have continued to climb higher this week, rising to about 75% from 67.5% a week ago and 54% last month. Expectations were buoyed by hawkish Fedspeak and solid domestic…
Financial News for the Week of October 21, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Stocks are poised to finish the week in positive territory for the first time in a month, helped by a good start to earnings season which suggests the U.S. profit recession is likely coming to an end. U.S. data…
Financial News for the Week of October 14, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK After last week’s ‘Goldilocks’ jobs report, the positive data stream continued for the U.S. economy, with retail spending in September rising by the most in three months. Taken together, both reports provide…