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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Bonds likely to be range bound in 2020

Q1 2020 | Fixed Income Outlook

Global growth will likely stabilize and remain soft as we head into 2020.

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Fashion industry tackles sustainability challenges

Q1 2020 | Equity Outlook

Our Sustainable Investing Team discusses efforts to address environmentally unfriendly processes.

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Economic Update for March 23, 2020

  • Housing starts fell 1.5% in February, the Census Bureau stated.
  • The Conference Board Leading Economic Index rose slightly in February.
  • Retail sales slipped 0.5% in February, according to the Census Bureau.
  • Existing home sales climbed 6.5% in February.
  • Initial jobless claims surged by 70,000 to 281,000 in the week ended March 14, 2020, according to the Labor Department.
  • As of March 13, 2020, of the 499 S&P 500 Index companies reporting fourth-quarter earnings, 346 beat analysts’ estimates, according to S&P Dow Jones Indices.
  • The ZEW Indicator of Economic Sentiment for Germany plummeted in March.
  • Trading on the New York Stock Exchange halted briefly on multiple days due to large price declines.