Keep up to date on the global economy and its impact on markets.
Q2 2020 | Capital Markets Outlook
We are looking for progress in public health and credit market indicators as policy responds to the economic shock surrounding the pandemic and efforts to contain it.
- The Producer Price Index for final demand dropped 1.3% in April, the Bureau of Labor Statistics reported.
- The CPI declined 0.8% and core CPI fell 0.4% in April, the Bureau of Labor Statistics found.
- Retail sales plunged 16.4% in April, according to an advance estimate by the Census Bureau.
- The advance seasonally adjusted insured unemployment rate was 15.7% for the week ended May 2, 2020, representing an increase of 0.3 percentage points from the previous week's revised rate, according to the Department of Labor.
- As of May 9, 2020, of the 433 S&P 500 Index companies reporting first-quarter earnings, 294 beat analysts’ estimates, according to S&P Dow Jones Indices.
- The University of Michigan’s index of consumer sentiment rose to 73.7 in May from 71.8 in April.
- The NFIB Small Business Optimism Index fell in April.