Economic Updates

Keep up to date on the global economy and its impact on markets.

The market’s potential sugar high

The market’s potential sugar high

Q1 2021 | Capital Markets Outlook

Amid a likely tug-of-war between positive and negative economic news, we favor investing with a flexible approach.

More »

Bond investors chase yields amid vaccine rollout

Q1 2021 | Fixed Income Outlook

Global financial markets trended higher during the fourth quarter, powered by the emergence of COVID-19 vaccines and continuing stimulus policies.

More »
A shot in the arm: The economy and stocks get a boost from vaccines

Q1 2021 | Equity Outlook

The potential for a post-pandemic recovery bodes well for equities.

More »

Economic Update for March 1, 2021

  • Pending home sales fell 2.8% in January compared with December, the National Association of Realtors stated.
  • In an advance report, the Census Bureau found that durable goods orders rose 3.4% in January.
  • GDP increased at an annual rate of 4.1% in the fourth quarter, according to a second estimate from the Bureau of Economic Analysis.
  • Initial jobless claims reached 730,000 in the week ended February 20, 2021, according to the Labor Department.
  • As of February 19, 2021, of the 418 S&P 500 Index companies reporting fourth-quarter earnings, 328 beat analysts’ estimates, according to S&P Dow Jones Indices.
  • The University of Michigan’s index of consumer sentiment fell to 76.8 in February from 79.0 in January.
  • The Conference Board Consumer Confidence Index improved in February.