Category Archives : Weekly Bottom Line

Home  >>  Weekly Bottom Line

Weekly Bottom Line

On December 3, 2019, Posted by , In Weekly Bottom Line, With No Comments

A quiet, holiday-shortened week featured data that painted a picture of an economy that has slowed, but not stalled. Revisions to Q2 GDP did little to change the picture of the economy. Durable goods orders were a bright spot, but the Fed’s manufacturing surveys continue to point to a lack…

01-04-2019 Weekly Bottom Line

On January 8, 2019, Posted by , In Weekly Bottom Line, With No Comments

The New Year came with baggage from the old for thousands of federal employees caught in the middle of a budget tug-of-war between Congress and the White House that has led to a partial government shutdown. The volatility in stock markets continued early last week as a slew of weaker-than-expected…

12-07-18 Weekly Bottom Line

On December 11, 2018, Posted by , In Weekly Bottom Line, With No Comments

Data released last week remains consistent with the view that U.S. economy continues to expand at an above-trend pace. Although disappointing in terms of the headline, job gains were also consistent with an economy running near capacity. Furthermore, wage growth held at a healthy pace in November. An agreement between…

11-30-18 Weekly Bottom Line

On December 4, 2018, Posted by , In Weekly Bottom Line, With No Comments

FOMC minutes released last week suggested that flexible could be the new gradual for the Fed. While a rate hike for December may be in the cards, future moves are now more dependent on the incoming economic data. President Trump and Xi are set to meet-up at the G20 summit…

11-23-18 Weekly Bottom Line

On November 27, 2018, Posted by , In Weekly Bottom Line, With No Comments

Equity market volatility persisted last week as the main indexes were dragged down by tech and energy stocks. The latter resumed their slide as oil prices fell to their lowest levels in more than a year. Housing data was mildly positive, but continued to drive in the point that the…

11-16-18 Weekly Bottom Line

On November 20, 2018, Posted by , In Weekly Bottom Line, With No Comments

Equity markets were volatile again last week as concerns over global growth remained top of mind for investors. Economic data continues to point to solid economic growth stateside, with little signs that global weakness has caught on domestically. Inflation data for October showed a relatively benign picture. While the headline…

11-09-18 Weekly Bottom Line

On November 13, 2018, Posted by , In Weekly Bottom Line, With No Comments

Between the midterm elections and a Fed rate decision there was plenty of news last week. But after the dust settled there was very little new information. In the midterm elections, Democrats gained a majority in the House of Representatives, and Republicans tightened their grip on the Senate. A divided…

11-02-18 Weekly Bottom Line

On November 6, 2018, Posted by , In Weekly Bottom Line, With No Comments

The U.S. labor market continues to impress – churning out jobs like nobody’s business (+250k), keeping the unemployment rate near record lows (3.7%), drawing people into the labor force (participation rate up +0.2 percentage points), and pushing up wages to boot (3.1% year-on-year – the highest since 2009). The fly…

10-26-18 Weekly Bottom Line

On October 30, 2018, Posted by , In Weekly Bottom Line, With No Comments

It was a sea of red in equity markets last week as risk off sentiment set in. As it stands, downturn in October has erased all the stock market gains from the start of the year. International developments didn’t help to lift investors’ spirits. The U.S. – China trade negotiations…

10-19-18 Weekly Bottom Line

On October 23, 2018, Posted by , In Weekly Bottom Line, With No Comments

Equity markets stopped hemorrhaging and partially recovered from the other week’s downturn. Domestic data was predominantly underwhelming, but did little to change the status quo of a solidly-growing U.S. economy. Retail sales, existing home sales and housing starts all fell in September, with figures likely swayed by Hurricane Florence. Core…