Posted by & filed under Economic Updates.

Economic data for the week were highlighted by a weaker-than-expected result for 1stquarter GDP, and disappointing sentiment data, while housing ended mixed and jobless claims remained low. Stock markets rose globally, with help from results from the French presidential election that favored a conventional, pro-euro candidate.  Bonds declined a bit on the U.S. investment-side, but… Read more »

Posted by & filed under Economic Updates.

Economic data for the week showed slower but still-strong results in regional manufacturing and production, while housing metrics were mixed. Stock markets gained globally, led by the U.S. and Japan, while other markets generally came in flatter.  Bond returns were flattest of all, with minimal changes in interest rates for the week.  Commodities lost ground… Read more »

Posted by & filed under Economic Updates.

Economic data for the week consisted of unsurprisingly weaker retail sales, lower inflation readings via the consumer price index and producer price index, as well as continued strength in labor markets. Equity markets lost ground in the U.S. for the most part, while developed and emerging foreign markets generally were flattish.  Bonds fared well in… Read more »

Posted by & filed under Economic Updates.

Economic reports for the week came in mixed, with slightly weaker ISM manufacturing and non-manufacturing data, although both remained strongly expansionary.  While the ADP employment report was quite strong, the government nonfarm payrolls report was far less so, while the unemployment rate declined. Equity markets were mixed with flat to lower results in the U.S.,… Read more »

Posted by & filed under Economic Updates.

Economic data for the week was highlighted by stronger manufacturing and housing results, an improvement in consumer confidence to a multi-decade high, while Q4 GDP was revised slightly higher than in earlier releases. Equity markets in the U.S. gained, developed markets ended flattish on net and emerging markets lost ground.  The majority of bond indexes… Read more »

Posted by & filed under Economic Updates.

In a lighter week for economic data, durable goods and housing data were mixed, while jobless claims rose due to winter weather in parts of the country. U.S. stocks declined in line with political disappointments surrounding health care reform, while foreign equities were helped somewhat by a weaker dollar.  Bonds fared well as flows moved… Read more »

Posted by & filed under Economic Updates.

It was a busy week for economic data, as the FOMC raised interest rates by a quarter-percent, manufacturing data came in decently, inflation ticked a bit higher, and housing results and labor data came in stronger. U.S. equity markets ticked modestly higher on the week, but were outpaced by foreign stocks, and especially so by… Read more »

Posted by & filed under Fed Update.

It was a fairly dramatic turn of events over the prior few weeks with the probabilities of a Fed hike in March moving from about one-in-three or lower to almost guaranteed by the time we heard higher rate-focused comments from several FOMC members—something they often do strategically to help shape expectations.  Those expectations were realized… Read more »

Posted by & filed under Economic Updates.

Economic data for the week was led by strength in both manufacturing and non-manufacturing indexes, strong consumer confidence and jobless claims, and mixed housing results. Equity markets gained in the U.S. and abroad in foreign markets, while emerging markets fell back for the week.  Bonds lost ground as interest rates rose in response to Fed… Read more »

Posted by & filed under Economic Updates.

On a shortened holiday week, and a light one for economic data, housing results were generally strong, and jobless claims continued to run at low levels. Global equity markets were generally higher on the week, with continued improved sentiment, while U.S. bond markets rallied upon lower interest rates, as did foreign bond markets.  Commodities ended… Read more »