Economic Updates

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

Don't fall for inflation head fake

Don't fall for inflation head fake

Q2 2021 | Capital Markets Outlook

Large, repeated government stimulus packages do not necessarily lead to inflation. See what this means for our strategy.

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Bond markets restless amid inflation hype

Q2 2021 | Fixed Income Outlook

Global financial markets were mixed during the first quarter.

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How BDCs can help in changing equity markets

June 1, 2021 | Equity Insights

Many features, including the potential for high yields, make BDCs a good counterweight to equity market volatility.

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Economic Update for June 14, 2021

Economy
  • The CPI rose 0.6% and core CPI increased 0.7% in May, according to the Bureau of Labor Statistics.
  • Wholesale inventories grew 0.8% in April compared with March, the Census Bureau stated.
Employment
  • Initial jobless claims fell to 376,000 in the week ended June 5, 2021, from 385,000 in the previous week, the Labor Department reported.
Profits
  • As of June 2, 2021, of the 494 S&P 500 Index companies reporting first-quarter earnings, 422 beat analysts’ expectations, according to S&P Dow Jones Indices.
Emotion
  • The NFIB Small Business Optimism Index slipped in May.
  • The University of Michigan’s index of consumer sentiment rose to 86.4 in June from 82.9 in May.