Featured Market Snapshot
February's jobs report disappointed at the top, but the angels were in the details; China's growth cast a long shadow; Europe's central bank went full dovish.
Strong U.S. growth in Q4 was boosted by buildups in inventory; Generation X stepped up in home ownership in Q4; China - U.S. trade tensions eased as growth in China continued to slow; Eurozone manufacturing continued to slide.
The UK and the EU looked for a way to kick the can forward while leaving the Article 50 agreement in place; China and the U.S. set the stage for a possible breakthrough in trade; Venezuela's dueling concerts provided little relief.
U.S. consumers had a downbeat December; China-U.S. trade talks were set to reconvene in Washington; Mexico's Pemex got yet more help; U.K. clothiers discounted deeply, pre-Brexit
The UK and the EU stepped up the pace of negotiations as the March 29 Brexit deadline approached; Eurozone growth forecasts dropped again, heightening Italian-French tensions; Russia's central bank held rates steady.
China’s latest tariffs focus on U.S. agricultural exports; financial markets are pricing in at least one Fed rate cut this year; U.S. consumers’ debt load reached $13.67 trillion, with student debt outstripping auto loans.
Negotiations on a U.S. - China trade agreement hit a snag; U.S. inflation continued its sluggish pace in April; South Africa's election was a qualified victory for the ruling ANC.
Friday's jobs report for April handily beat expectations; the Fed's assessment of low inflation as "transitory" surprised markets; prices for pork and feedstocks could be rocked by a massive outbreak of African swine fever in China.
Strong headline growth for the U.S., with the devil in the details; Policy signals from China as trade talks resume.
China's economy showed renewed strength; Eurozone manufacturing weakened; U.S. industrial production fell slightly as companies began to work down inventory levels.
Brexit got a six-month breather; US growth stayed on the path, while Italy downgraded its own forecast; China's exports recovered, but imports fell; shale oil got another large sponsor.
Friday saw a solid U.S. jobs report, with only a couple of wrinkles; Germany's manufacturing sector had a distressing February; Greece's debt crisis generated an ironic payday; Brexit hit yet another pothole.
Consumers held back slightly in January; the ECB contemplated another innovation to support Europe's banking sector; Theresa May's Brexit deal was defeated in the House of Commons; Sweden contemplated deficit spending to support its slowing economy.
The FOMC made a major dovish move; Brexit got a reprieve and the UK has some decisions to make.
The British pound seemed to enjoy the current impasse; Italy considered joining China's Belt and Road Initiative on commerce and infrastructure; U.S. economic data was less than encouraging; China and the U.S. agreed to continue agreeing.
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