A Culture of Success
In this week’s recap: stocks rally, China schedules tariff cuts, January hiring tops expectations, and a key gauge of manufacturing activity improves. Weekly Economic Update February 10, 2020 THE WEEK ON WALL STREET Stocks advanced four days out of five during the past market week, erasing the losses of the week before. The Nasdaq Composite Read More …
In this week’s recap: coronavirus concerns ripple through global stock markets; the Fed makes a slight monetary policy adjustment; consumer confidence rises; the government makes its first estimate of fourth-quarter growth. Weekly Economic Update February 3, 2020 THE WEEK ON WALL STREET Stock benchmarks declined for a second straight week as coronavirus news tempered risk Read More …
In this week’s recap: stock and commodity traders turn cautious as the coronavirus reaches America; home sales increase even with the current housing market’s slim inventory. Weekly Economic Update January 27, 2020 THE WEEK ON WALL STREET Stock prices fell last week as investors considered the potential health and economic risks of the flu-like coronavirus. Read More …
In this week’s recap: U.S. equity benchmarks hit fresh record highs; one trade deal is signed, and Congress approves another; builders break ground on more residential projects. Weekly Economic Update January 20, 2020 THE WEEK ON WALL STREET Traders were in an upbeat mood last week, reacting to news out of Washington: the signing of Read More …
In this week’s recap: Stocks end up higher and oil ends up lower after an up-and-down week, as traders react to events in the Middle East and the data in the December unemployment report. Weekly Economic Update January 13, 2020 THE WEEK ON WALL STREET The market had a choppy five days, with traders reacting Read More …
In this week’s recap: Oil prices spike after a U.S. airstrike in Iran raises supply disruption concerns; a manufacturing activity index disappoints; stocks are little changed following an abbreviated trading week. Weekly Economic Update January 6, 2020 THE WEEK ON WALL STREET Stocks descended from record highs Friday, as traders reacted to a U.S. drone Read More …
In this year-end recap: A look back at the ascent stocks made during 2019 and some of the key economic developments of the year. Weekly Economic Update December 30, 2019 What Drove the Markets? Four factors influenced investment performance in 2019: a shift in U.S. monetary policy, the ongoing trade dispute between the U.S. and Read More …
In this week’s recap: the U.S. and China reach a phase-one trade deal, the Fed leaves the benchmark interest rate alone, and November retail sales come in below expectations. Weekly Economic Update December 16, 2019 THE WEEK ON WALL STREET The U.S. and China announced a limited trade agreement last week. That news lifted U.S. Read More …
In this week’s recap: stocks ride out a choppy week, as traders react to a potential delay for a phase-one U.S.-China trade deal and a surprising jobs report. Weekly Economic Update December 9, 2019 THE WEEK ON WALL STREET Key Wall Street benchmarks were up and down last week – or rather down and then Read More …
In this week’s recap: a shortened trading week sees additional gains for the major stock benchmarks, as optimism about a new trade pact with China outweighs doubts; household spending rises, but confidence declines. Weekly Economic Update December 2, 2019 THE WEEK ON WALL STREET As November wrapped up, U.S. equity benchmarks advanced. Stocks were again Read More …