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Financial News for the Week of September 20, 2019
FINANCIAL NEWS 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…
Financial News for the Week of September 13, 2019
FINANCIAL NEWS 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…
Financial News for the Week of August 30, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK US-China trade tensions spiked last Friday as both countries announced more protectionist measures against each other, but later eased this week. Equity markets swept the escalation under the rug, making a full…
Financial News for the Week of August 23, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK This week may have been short on economic data, but the fireworks were lit on Friday as the President lashed out against China’s decision to impose tariffs on $75 billion of U.S. imports, sending stock markets…
Financial News for the Week of August 16, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK There was no summer vacation from financial market volatility this week as investors were increasingly worried that the global economy is about to slip into recession. The difference between the 10 and 2-Year…
Financial News for the Week of August 9, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK China responded to the threat of additional U.S. tariffs by halting agricultural purchases and allowing its currency to weaken beyond the psychologically important 7 yuan to the dollar level. Central banks…
Financial News for the Week of August 2, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Financial markets plunged after mixed messaging by the Federal Reserve, and later a 10% tariff on all remaining imported Chinese goods was announced to take effect in September. The Federal Reserve cut its…
Financial News for the Week of July 26, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Markets had no summer vacation this week, with a new British PM, dovish message from the European Central Bank, and new U.S. GDP data to digest. Advanced economy central banks are all sounding dovish, with the…
Financial News for the Week of July 19, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Chinese economic growth slowed 6.2% y/y in the second quarter of this year, as rising trade tensions weighed on activity. Signs of wear are also showing in the U.S., where industrial output continued to grow at…
Financial News for the Week of July 12, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK In a busy week for Fed communication, Chair Powell gave his semiannual testimony to Congress where he confirmed that crosscurrents hitting the outlook would likely require some additional accommodation. The Fed…