Economic Updates

Keep up to date on the global economy and its impact on markets.

The market’s potential sugar high

The market’s potential sugar high

Q1 2021 | Capital Markets Outlook

Amid a likely tug-of-war between positive and negative economic news, we favor investing with a flexible approach.

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Bond investors chase yields amid vaccine rollout

Q1 2021 | Fixed Income Outlook

Global financial markets trended higher during the fourth quarter, powered by the emergence of COVID-19 vaccines and continuing stimulus policies.

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A shot in the arm: The economy and stocks get a boost from vaccines

Q1 2021 | Equity Outlook

The potential for a post-pandemic recovery bodes well for equities.

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Economic Update for February 22, 2021

Economy
  • Retail sales increased 5.3% in January, compared with December, the Census Bureau stated in an advance estimate.
  • The Census Bureau found that housing starts dropped 6.0% in January, compared with December.
  • The Producer Price Index for final demand increased 1.3% in January, the Bureau of Labor Statistics reported.
  • The Federal Reserve noted that industrial production increased 0.9% in January.
Employment
  • Initial jobless claims reached 861,000 in the week ended February 13, 2021, according to the Labor Department.
Profits
  • As of February 11, 2021, of the 372 S&P 500 Index companies reporting fourth-quarter earnings, 293 beat analysts’ estimates, according to S&P Dow Jones Indices.
Emotion
  • The ZEW Indicator of Economic Sentiment for Germany increased in February.