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Archive for July 27th, 2013

Weekly Economic and Financial Commentary

U.S. economic data were mixed this week but, on balance, the data pointed to some firmer economic growth heading into the third quarter. Let's start with the bad news. Existing home sales fell 1.2 percent in June the consensus forecast had looked for a modest increase and May's

Weekly Economic and Financial Commentary

U.S. economic data were mixed this week but, on balance, the data pointed to some firmer economic growth heading into the third quarter. Let's start with the bad news. Existing home sales fell 1.2 percent in June the consensus forecast had looked for a modest increase and May's

The Weekly Bottom Line

After the volatility of the last few months, equity markets appear to have settled into a holding pattern. Uncertainty rose slightly by week's end ahead of the major macro releases looming next week, prompting some pull-back. At the time of writing, all major indexes were on track to end the

The Weekly Bottom Line

After the volatility of the last few months, equity markets appear to have settled into a holding pattern. Uncertainty rose slightly by week's end ahead of the major macro releases looming next week, prompting some pull-back. At the time of writing, all major indexes were on track to end the

The Battle for Fed Governor Hits the Dollar

The dollar nose-dived at the end of last week and this was partly attributed to the frenzy surrounding who will be the next Fed Governor when Ben Bernanke is expected to leave his post in early 2014. Right now the front-running candidates include vice-chair at the Fed Janet Yellen and

The Battle for Fed Governor Hits the Dollar

The dollar nose-dived at the end of last week and this was partly attributed to the frenzy surrounding who will be the next Fed Governor when Ben Bernanke is expected to leave his post in early 2014. Right now the front-running candidates include vice-chair at the Fed Janet Yellen and
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