Month: October 2016

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…


Financial News for the Week of October 7, 2016

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK While attention is focused on Hurricane Matthew, at least there was some good news from the U.S. economy. Both ISM sentiment indices pointed to greater confidence in September for manufacturing and services. A…


Financial News for the Week of September 30, 2016

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Concerns over German banks and a surprise production cut announcement by OPEC provided some volatility to financial markets this week. Economic data was mixed this week. Second quarter real GDP was revised up…