Economic Updates

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

The market’s potential sugar high

The market’s potential sugar high

Q1 2021 | Capital Markets Outlook

Amid a likely tug-of-war between positive and negative economic news, we favor investing with a flexible approach.

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Bond investors chase yields amid vaccine rollout

Q1 2021 | Fixed Income Outlook

Global financial markets trended higher during the fourth quarter, powered by the emergence of COVID-19 vaccines and continuing stimulus policies.

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Don’t be afraid of the inflation bogeyman

April 1, 2021 | Equity Insights

We look at the impact of rising inflation on equity performance, industries that could thrive, and strategies for positioning portfolios.

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Economic Update for April 5, 2021

Economy
  • Pending home sales fell 10.6% in February, according to the National Association of Realtors.
  • The Markit U.S. Manufacturing PMI rose to 59.1 in March from 58.6 in February.
Employment
  • The U.S. added 916,000 jobs and the unemployment rate fell to 6.0% in March from 6.2% in February, according to the Bureau of Labor Statistics.
  • Initial jobless claims reached 719,000 in the week ended March 27, 2021, the Labor Department reported.
Profits
  • As of March 31, 2021, of the 500 S&P 500 Index companies reporting fourth-quarter earnings, 384 beat analysts’ expectations, according to S&P Dow Jones Indices.
Emotion
  • The Conference Board Consumer Confidence Index jumped in March.