Economic Updates

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

Recovery math: Square root of K = 0

Recovery math: Square root of K = 0

Q4 2020 | Capital Markets Outlook

The recovery has continued, but it could flatten out in the absence of more policy support.

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Bond investors face Catch-22

Q4 2020 | Fixed Income Outlook

Bond yields will likely stay near record lows amid an uneven economic rebound.

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What would the end of the pandemic mean for the bull market?

Q4 2020 | Equity Outlook

We explore what makes this recession unique, why vaccine progress could be disruptive to markets, and the potential impact of the U.S. presidential election on various industries.

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Economic Update for October 19, 2020

Economy
  • The Producer Price Index for final demand increased 0.4% in September, the Bureau of Labor Statistics found.
  • The CPI and core CPI both rose 0.2% in September, the Bureau of Labor Statistics stated.
  • Retail sales increased 1.9% in September, according to an advance report from the Census Bureau.
Employment
  • Initial jobless claims reached 898,000 in the week ended October 10, 2020, the Department of Labor announced.
Profits
  • As of October 8, 2020, of 22 S&P 500 companies reporting third-quarter earnings, 19 beat analysts’ estimates, according to S&P Dow Jones Indices.
Emotion
  • The University of Michigan’s preliminary index of consumer sentiment rose to 81.2 in October from 80.4 in September.
  • The NFIB Small Business Optimism Index improved in September.