Keep up to date on the global economy and its impact on markets.
Q2 2019 | Capital Markets Outlook
While the inverted yield curve has caused concern, we continue to see potential upside for risk assets.
- The Conference Board Leading Economic Index remained unchanged in May.
- Housing starts fell by 0.9% in May, according to the Census Bureau and the Department of Housing and Urban Development.
- Existing home sales jumped 2.5% in May, the National Association of Realtors stated.
- For the week ended June 15, 2019, initial jobless claims fell by 6,000 to 216,000, according to the Labor Department.
- As of June 13, 2019, of the 500 S&P 500 Index companies reporting first-quarter earnings, 368 — or 73.6% — beat analysts’ estimates, according to S&P Dow Jones Indices.
- The ZEW Indicator of Economic Sentiment for Germany fell in June.