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HIGHLIGHTS OF THE WEEK – January 9 United States• The first week of the year brought a flurry of economic reports and data. Overall, the data paint a pictureof ongoing economic progress with signs of building momentum, especially in sectors such as manufacturingthat had previously been laggards.• The minutes from the FOMC’s December meeting projected …
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HIGHLIGHTS OF THE WEEK – January 3 United States• Investor sentiment remained upbeat this week, with U.S. equities looking to end the week on a positivenote for the seventh consecutive week despite some profit taking.• Domestic data was relatively robust this week. Economic growth was revised up to a robust 3.5% duringthe third quarter, with …
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HIGHLIGHTS OF THE WEEK – December 30 United States• Investor sentiment remained upbeat this week, with U.S. equities looking to end the week on a positivenote for the seventh consecutive week despite some profit taking.• Domestic data was relatively robust this week. Economic growth was revised up to a robust 3.5% duringthe third quarter, with …
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HIGHLIGHTS OF THE WEEK – December 20 United States• Despite delivering a widely anticipated quarter-point rate hike this week, the Fed’s more hawkish outlookfor the pace of future rate hikes saw Treasury yields jolt higher.• In our updated forecast we refrain from jumping on the fiscal stimulus bandwagon, given that significantpolicy shifts remain speculative at …
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HIGHLIGHTS OF THE WEEK – December 12 United States• Domestic data took a backseat to this week’s developments out of Europe with major political developmentsin Italy early in the week.• On Thursday, the ECB revealed a reduction to its monthly asset purchases beginning in April of nextyear. The move was applauded by markets and seen …
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