Financial News for the Week of November 22, 2019

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Stocks were volatile this week amid signs that U.S.-China trade talks may be stalling. Cautious optimism briefly returned on Friday on news that the Chinese president was calling for the two sides to “strengthen communication”. The housing data re
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Financial News for the Week of November 15, 2019

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK U.S. data this week showcased the contrasting feature of the U.S. economy: a resilient U.S. consumer but a struggling manufacturing sector. Negotiations on a phase one trade deal between the U.S. and China took a step back this week as negotiators
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Financial News for the Week of November 8, 2019

HIGHLIGHTS OF THE WEEK It was a relatively quiet week for economic data. The trade deficit narrowed a bit in September, but new tariffs appear to have weighed on both exports and imports. The ISM non-manufacturing index followed its manufacturing counterpart higher in October, with th
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Financial News for the Week of November 1, 2019

HIGHLIGHTS OF THE WEEK U.S. economic activity decelerated in the third quarter to a 1.9% annual pace from 2% in the second quarter, with consumer spending doing much of the heavy lifting. The Federal Reserve implemented its third, and likely final, interest rate cut of this year, citi
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Financial News for the Week of October 18, 2019

HIGHLIGHTS OF THE WEEK The economic data was subdued this week. Retail sales fell 0.3% in September, ending their six month growth streak. Industrial production also fell. Multifamily starts took a step back, but single-family starts fared better. The Fed’s Beige Book confirmed that e
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Financial News for the Week of October 11, 2019

HIGHLIGHTS OF THE WEEK CPI report – the only key data release this week – confirmed that inflation remained tame in September. Both headline and core inflation registered a muted 0.1% increase on the month, leaving the readings flat on a year-over-year basis. Meanwhile, th
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Financial News for the Week of October 4, 2019

HIGHLIGHTS OF THE WEEK October began on a sour note. A deepening contraction in the manufacturing ISM confirmed that the global manufacturing slump has washed up on American shores, and the sectoral weakness may be spreading into other industries. The jobs report offered some encourag
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Financial News for the Week of September 27, 2019

HIGHLIGHTS OF THE WEEK A downturn in U.S. consumer confidence and rising political risks as the House began impeachment inquiries against President Trump, triggered volatility in global markets. U.S. personal incomes jumped in August (to 0.4% month-on-month from 0.1% previously), even
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Financial News for the Week of September 20, 2019

HIGHLIGHTS OF THE WEEK In the main financial event of the week, the Federal Reserve cut its key lending rate by 25 basis points, but was mum on the prospect for additional cuts. Our latest forecast sees slower economic growth leading to at least one more rate cut. Fed rate cuts will h
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Financial News for the Week of September 13, 2019

HIGHLIGHTS OF THE WEEK There was good news in the trade negotiations between the U.S. and China this week as the President announced a postponement of tariffs and China exempted key agricultural goods (pork and soybeans) from existing tariffs. The European Central Bank lowered its key
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