Posts Tagged ‘December 2019’
2019 Year-End Market Recap
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 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 China,…
Read MoreWeekly Update: Fed Holds Steady on Short-Term Interest Rates
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 THE WEEK ON WALL STREET The U.S. and China announced a limited trade agreement last week. That news lifted U.S. and foreign…
Read MoreHiring Surpasses Expectations
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 THE WEEK ON WALL STREET Key Wall Street benchmarks were up and down last week – or rather down and then up.…
Read MoreHousehold spending rises, but confidence declines
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 THE WEEK ON WALL STREET As November wrapped up, U.S. equity benchmarks advanced. Stocks were again aided…
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