Financial News for the Week of December 14, 2018

HIGHLIGHTS OF THE WEEK After some optimism early in the week, financial market sentiment soured as focus shifted back to fears of an escalation in trade tensions, Brexit uncertainty, and a potential economic downturn in 2019. The U.S. consumer remained unbowed in November, with consum
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Financial News for the Week of December, 2018

HIGHLIGHTS OF THE WEEK Data released this week remains consistent with the view that U.S. economy continues to expand at an above-trend pace. Although disappointing in terms of the headline, job gains were also consistent with an economy running near capacity. Furthermore, wage growth
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Financial News for the Week of November 30, 2018

HIGHLIGHTS OF THE WEEK FOMC minutes released this week suggested that flexible could be the new gradual for the Fed. While a rate hike for December may be in the cards, future moves are now more dependent on the incoming economic data. President Trump and Xi are set to meet-up at the
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Financial News for the Week of November 23, 2018

HIGHLIGHTS OF THE WEEK Equity market volatility persisted this week as the main indexes were dragged down by tech and energy stocks. The latter resumed their slide as oil prices fell to their lowest levels in more than a year. Housing data was mildly positive, but continued to drive i
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Financial News for the Week of November 16, 2018

HIGHLIGHTS OF THE WEEK Equity markets were volatile again this week as concerns over global growth remained top of mind for investors. Economic data continues to point to solid economic growth stateside, with little signs that global weakness has caught on domestically. Inflation data
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Financial News for the Week of November 9, 2018

HIGHLIGHTS OF THE WEEK Between the midterm elections and a Fed rate decision there was plenty of news this week. But after the dust settled there was very little new information. In the midterm elections, Democrats gained a majority in the House of Representatives, and Republicans tig
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Financial News for the Week of November 2, 2018

HIGHLIGHTS OF THE WEEK The U.S. labor market continues to impress – churning out jobs like nobody’s business (+250k), keeping the unemployment rate near record lows (3.7%), drawing people into the labor force (participation rate up +0.2 percentage points), and pushing up wages to boot
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Financial News for the Week of October 26, 2018

HIGHLIGHTS OF THE WEEK It was a sea of red in equity markets this week as risk off sentiment set in. As it stands, downturn in October has erased all the stock market gains from the start of the year. International developments didn’t help to lift investors’ spirits. The U.S. – China
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Financial News for the Week of October 19, 2018

HIGHLIGHTS OF THE WEEK Equity markets stopped hemorrhaging and partially recovered from last week’s downturn. Domestic data was predominantly underwhelming, but did little to change the status quo of a solidly-growing U.S. economy. Retail sales, existing home sales and housing starts
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Financial News for the Week of October 12, 2018

HIGHLIGHTS OF THE WEEK The S&P500 has seen its biggest five-day loss since February this week. Much like then, higher bond yields have led to a repricing of stocks. There are few signs the U.S. economy is cooling. September consumer price inflation data showed that inflation press
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