Financial News for the Week of June 23, 2017

HIGHLIGHTS OF THE WEEK Equity markets started off the week on a positive note. But the advance proved transitory as oil prices slid into bear territory, sending energy stocks and the main indices lower. With little in the way of economic data, Fed speeches took center stage. While ech
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Financial News for the Week of June 2, 2017

HIGHLIGHTS OF THE WEEK The U.S. job machine slowed in May (+138k jobs) as the unemployment fell to a sixteen year low of 4.3%. A pullback in the participation rate contributed to the fall in the unemployment rate. The Federal Reserve’s preferred measure of price growth slowed in April
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Financial News for the Week of May 26, 2017

HIGHLIGHTS OF THE WEEK Despite the upward revision to first-quarter GDP growth, with the second estimate indicating a 1.2% annualized gain on stronger consumption and investment, market reaction was relatively subdued given that the overall story is largely unchanged. Although investo
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Financial News for the Week of May 19, 2017

HIGHLIGHTS OF THE WEEK Investors perceived this week’s political developments in the U.S. as likely to delay the implementation of pro-growth policies. As a result, they risk assets sold off midweek in favor of gold and treasuries. Risk appetite appeared to make a comeback toward the
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Financial News for the Week of May 12, 2017

HIGHLIGHTS OF THE WEEK Markets started the week off on a good note on French presidential election results and fairly constructive earnings and economic data. The S&P 500 flirted with record highs, and the VIX fell to its lowest level in more than two decades. Sentiment soured lat
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Financial News for the Week of May 5, 2017

HIGHLIGHTS OF THE WEEK The past week was action packed with economic data and events in Washington. Data largely supported the view that the U.S. economy will bounce back from its winter weakness. The job market sprang back into action in April, enabling investors to heave a sigh of r
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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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