Keep up to date on the global economy and its impact on markets.
Q2 2021 | Capital Markets Outlook
Large, repeated government stimulus packages do not necessarily lead to inflation. See what this means for our strategy.
- The CPI rose 0.8% and core CPI increased 0.9% in April, according to the Bureau of Labor Statistics.
- Import prices rose 0.7% and export prices grew 0.8% in April, the Bureau of Labor Statistics reported.
- The Federal Reserve stated that industrial production grew 0.7% in April.
- Initial jobless claims fell to 473,000 in the week ended May 8, 2021, from 507,000 in the previous week, according to the Department of Labor.
- As of May 6, 2021, of the 438 S&P 500 Index companies reporting first-quarter earnings, 372 beat analysts’ expectations, according to S&P Dow Jones Indices.
- The University of Michigan’s index of consumer sentiment fell to 82.8 in May from 88.3 in April.
- The NFIB Small Business Optimism Index rose in April.