Economic Updates

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

For the markets, trade trumps inflation

For the markets, trade trumps inflation

Q2 2018 | Capital Markets Outlook

The popular narrative of the February market correction focused on inflation. We have a different interpretation.

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Solid growth makes central bank policy the key question

Q1 2018 | Fixed Income Outlook

The acceleration in global growth witnessed in 2017 should continue well into 2018, we believe, but likely with significant changes in its components.

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World markets enjoy rising GDP but face distinct issues

Q1 2018 | Equity Outlook

A remarkable year of performance from stocks worldwide raises many questions for investors as we begin 2018.

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Economic Update for April 23, 2018

Economy
  • Housing starts rose 1.9% in March, according to the Census Bureau and the Department of Housing and Urban Development.
  • Business inventories grew 0.6% in February, the Census Bureau reported.
  • The Conference Board’s Leading Economic Index increased in March.
Employment
  • Initial jobless claims fell by 1,000 to 232,000 in the week ended April 14, 2018, according to the Labor Department.
Profits
  • According to FactSet analysis as of April 13, 2018, the S&P 500 Index is likely to report earnings growth of about 20% for the first quarter.
Emotion
  • The Bloomberg Consumer Comfort Index rose to 58.1 in the week ended April 15, 2018 from 58.0 in the prior week.
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