Financial News for the Week of April 28, 2017

HIGHLIGHTS OF THE WEEK First quarter GDP growth came in at just 0.7% (annualized) – slightly weaker than consensus. The main culprit behind the slowdown was consumer spending, which barely grew. Much of the drag on growth appears to be temporary and we expect activity to rebound
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Financial News for the Week of April 21, 2017

HIGHLIGHTS OF THE WEEK Investor sentiment remained relatively upbeat this week on constructive economic data, positive earnings reports, and hopes for near-term pro-growth policies. Still, safe-haven assets remained in demand, supported by rising geopolitical tensions and anxiety over
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Financial News for the Week of April 14, 2017

HIGHLIGHTS OF THE WEEK Economic data this week remained consistent with the theme of an economy nearing full employment. Headlines were dominated this week by rising tensions with North Korea and the increased odds that the French Presidential elections could result in the victory of
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Financial News for the Week of April 7, 2017

HIGHLIGHTS OF THE WEEK U.S. economic data disappointed on a variety of fronts this week, but much can be chalked up to weather-related disruptions to the data. A paltry 89k payrolls gain was the biggest disappointment, but we are inclined to look past one month’s result and focus on a
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Financial News for the Week of March 31, 2017

HIGHLIGHTS OF THE WEEK Following the failure to repeal and replace the ACA, market participants questioned the new administration’s ability to move forward with pro-growth policies. As such, major indicators opened lower on Monday, but risk sentiment recovered quickly as the week prog
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Financial News for the Week of March 17, 2017

HIGHLIGHTS OF THE WEEK The Fed carried out its well-telegraphed rate hike this week. Despite the Fed’s hawkish messaging in advance of the decision, its expectations for rate increases were unchanged, leading bond yields to dip. The Fed edged up its economic forecast for 2018, as did
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Financial News for the Week of March 10, 2017

HIGHLIGHTS OF THE WEEK Markets continued to price in lofty odds for a Fed hike next week, putting further upward pressure on the 2 year treasury yield – which remained near a nine-year high. The U.S. dollar also remained relatively well supported up 0.2% on the week. Meanwhile, equity
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Financial News for the Week of March 3, 2017

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK It was an exciting week in markets this week, with plenty of domestic and international first-tier data, central bank communication, and the inaugural presidential address to Congress. International data has continued to paint a relatively bright
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Financial News for the Week of February 24, 2017

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The outlook for economic growth got a bit rosier this week with the release of the preliminary February survey results of purchasing managers that showed economic momentum continuing to build at the start of 2017. The data flow this week was light
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Financial News for the Week of February 17, 2017

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Despite heightened political uncertainty it was another good week in equity markets, with the three U.S. benchmarks reaching peaks mid-week before retracing somewhat ahead of the weekend. U.S. data came in well above expectations with survey indic
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