Economic Updates

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

For the markets, trade trumps inflation

For the markets, trade trumps inflation

Q2 2018 | Capital Markets Outlook

The popular narrative of the February market correction focused on inflation. We have a different interpretation.

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Growth remains steady amid higher rates, market swings

Q2 2018 | Fixed Income Outlook

Global growth prospects are expected to remain solid in 2018.

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Assessing market themes after a challenging quarter

Q2 2018 | Equity Outlook

Tariffs and geopolitical tensions have implications for equity markets, but not all the impacts are negative.

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Economic Update for June 18, 2018

Economy
  • Both import and export prices increased in May, according to the Bureau of Labor Statistics.
  • The CPI and core CPI both rose 0.2% in May, the Bureau of Labor Statistics found.
  • In China, the Producer Price Index increased 4.1% year over year in May.
Employment
  • Initial jobless claims fell by 4,000 to 218,000 in the week ended June 9, 2018, the Labor Department reported.
Profits
  • As of June 6, 2018, of the 498 S&P 500 Index companies reporting first-quarter earnings, 382 — or 76.7% — beat analysts’ estimates, according to S&P Dow Jones Indices.
Emotion
  • The NFIB Small Business Optimism Index increased in May.
  • The University of Michigan’s index of consumer sentiment rose to 99.3 in June from 98.0 in May.