Economic Updates

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

Risks have eased, but so has growth

Risks have eased, but so has growth

Q1 2020 | Capital Markets Outlook

We favor reducing risk as we look for proof that earnings can support asset valuations.

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Bonds likely to be range bound in 2020

Q1 2020 | Fixed Income Outlook

Global growth will likely stabilize and remain soft as we head into 2020.

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Is the path paved to 5,000 on the S&P?

Q1 2020 | Equity Outlook

What's in store for equities? We consider a number of factors that could drive stocks higher.

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Economic Update for February 18, 2020

Economy
  • The CPI rose 0.1% and core CPI increased 0.2% in January, the Bureau of Labor Statistics found.
  • Retail sales increased 0.3% in January, according to the Census Bureau.
Employment
  • Initial jobless claims rose by 2,000 to 205,000 in the week ended February 8, 2020, according to the Department of Labor.
Profits
  • As of February 14, 2020, of the 399 S&P 500 Index companies reporting fourth-quarter earnings, 277 beat analysts’ estimates, according to S&P Dow Jones Indices.
Emotion
  • The NFIB Small Business Optimism Index increased in January.
  • The University of Michigan’s index of consumer sentiment rose to 100.9 in February from 99.8 in January.