Financial News for the Week of January 11, 2018

HIGHLIGHTS OF THE WEEK The second week of 2018 marked another strong performance in equity markets. While the advance did take a breather midweek, the main American stock indices resumed their upward trajectory, rising to new highs. The rally received an added fillip from oil prices,
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Financial News for the Week of January 5, 2018

HIGHLIGHTS OF THE WEEK Investors celebrated tax cuts by snapping up U.S. equities this week, extending last year’s record-setting rally into the first week of 2018. Energy stocks were lifted as WTI hit $62 for the first time since 2014. December’s solid jobs report capped the end of a
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Financial News for the Week of December 22, 2017

HIGHLIGHTS OF THE WEEK The Tax Cuts and Jobs Act was passed by Congress and signed by the President this week. The U.S. economy continues to show signs of strong momentum heading into 2018. Housing activity is recovering nicely from late summer hurricane-related disruptions, and consu
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Financial News for the Week of December 15, 2017

HIGHLIGHTS OF THE WEEK Economic policymakers in Washington squeezed a lot in this week before heading home for the holidays. As expected, the Fed raised rates a quarter point and upgraded their economic growth forecasts Republican members of Congress rushed to wrap up a compromise tax
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Financial News for the Week of December 8, 2017

HIGHLIGHTS OF THE WEEK The Federal Reserve meets next week and is near-universally expected to raise interest rates by 25 basis points, bringing the target for the fed funds to a range of 1.25% to 1.5%. The U.S. labor market continues to make progress with 228k jobs added in November.
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Financial News for the Week of December 1, 2017

HIGHLIGHTS OF THE WEEK The prospect of corporate tax cuts led both the Dow Jones Industrial Average and the S&P 500 to record highs this week, with financial stocks outperforming substantially. Economic data was supportive, with third quarter real GDP being revised up to 3.3% annu
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Financial News for the Week of November 10, 2017

HIGHLIGHTS OF THE WEEK With little to digest on the data front, attention was devoted to political developments this week. Stock markets remained upbeat through Wednesday, given optimistic expectations on tax reform, supportive earnings reports and gains among energy stocks. However,
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Financial News for the Week of November 3, 2017

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Investors this week were kept busy with the release of the GOP tax reform plan, which sent small cap stocks higher and the S&P 500 lower immediately after its announcement. President Trump nominated current Federal Reserve Board Governor Jerom
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Financial News for the Week of October 27, 2017

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK U.S. equities this week managed to recover from earlier losses following strong earnings and a series of upbeat economic data. Durable goods orders and new home sales surprised to the upside, while the House approved a budget plan, adding to the u
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Financial News for the Week of September 29, 2017

HIGHLIGHTS OF THE WEEK Investors paid close attention to developments from the White House this week, with President Trump’s tax overhaul proposal helping to send the S&P 500 to new highs. Inflation disappointed again in August, but some states are beginning to display meaningful
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