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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Bond rally reflects economic uncertainty

Q4 2019 | Fixed Income Outlook

Global growth has cooled in 2019 as trade conflicts have taken a toll on international manufacturing, investments, and financial markets.

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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 January 21, 2020

Economy
  • The Producer Price Index for final demand advanced 0.1% in December, according to the Bureau of Labor Statistics.
  • Retail sales increased 0.3% in December, the Census Bureau stated in an advance report.
  • Import prices rose 0.3% in December while export prices fell 0.2%, according to the Bureau of Labor Statistics.
Employment
  • Initial jobless claims fell by 10,000 to 204,000 for the week ended January 11, 2020.
Profits
  • As of December 31, 2019, of the 15 S&P 500 Index companies reporting fourth-quarter earnings, 13 beat analysts’ estimates, according to S&P Dow Jones Indices.
Emotion
  • The University of Michigan’s index of consumer sentiment slipped to 99.1 in January from 99.3 in December.