Financial News for the Week of April 20, 2018

HIGHLIGHTS OF THE WEEK Financial markets moved sideways, rising in the first half of the week and sliding lower thereafter, but ultimately ending the week in the black. Economic data was more consistent, surprising to the upside. After three lackluster months, retail sales jumped 0.6%
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Financial News for the Week of April 13, 2018

HIGHLIGHTS OF THE WEEK Financial markets bounced back from the selloff last week as trade tensions between China and U.S. eased somewhat. Both headline and core CPI inflation ticked up in March on a year-on-year basis. FOMC March meeting minutes indicate that some members contemplated
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Financial News for the Week of April 6, 2018

HIGHLIGHTS OF THE WEEK Trade developments captured headlines this week. The U.S. disclosure of detailed plans regarding the tariffs on $50bn worth of Chinese imports led Beijing to retaliate with planned tariffs on $50bn of U.S. exports. The hardened Chinese stance led President Trump
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Financial News for the Week of March 29, 2018

HIGHLIGHTS OF THE WEEK Investor optimism recovered following the softening of China’s stance to the recent U.S. tariffs while the renegotiated KORUS trade deal with South Korea also bodes well for stateside producers. February’s consumer spending report indicated progress on the infla
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Financial News for the Week of March 23, 2018

HIGHLIGHTS OF THE WEEK Markets have swung from euphoria over tax cuts, to the protectionism pits, as the White House announced imminent tariffs on up to $50 billion in Chinese imports. China has also announced modest retaliatory measures It remains to be seen what kind of actions will
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Financial News for the Week of March 16, 2018

HIGHLIGHTS OF THE WEEK Our outlook for the U.S. economy through 2019 got revised up this week, as additional fiscal stimulus helps boost the outlook for domestic demand growth. The inflation reading for February remains consistent with the view that price pressures are gradually build
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Financial News for the Week of March 9, 2018

HIGHLIGHTS OF THE WEEK President Trump announced tariffs on steel and aluminium imports to take effect in 15 days. The scope is narrower than initially announced. Mexico and Canada are exempt, and more allies may be excluded once the levies take effect. The American economy continues
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Financial News for the Week of March 2, 2018

HIGHLIGHTS OF THE WEEK Markets sold off sharply this week, following a somewhat hawkish assessment of the U.S. economy from the Fed’s new chair Jerome Powell and the announcement of steep tariffs on steel and alumimium imports by Donald Trump. Despite the market reaction to Powell’s c
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Financial News for the Week of February 23, 2018

HIGHLIGHTS OF THE WEEK Last A holiday-shortened trading week light in economic data left markets to focus on communications from the Federal Reserve. U.S. existing home sales slumped in January, beleaguered by low inventories and deteriorating affordability. The FOMC minutes revealed
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Financial News for the Week of February 16, 2018

HIGHLIGHTS OF THE WEEK Last week’s market sell-off came to a halt this week. U.S. equities staged a decent recovery, looking past January reports that pointed to higher-than-expected inflation and worse-than-expected retail sales. Price gains in the CPI report were broad-based, with c
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