Monthly Archives: October 2014

Weekly Economic Update – Oct. 20, 2014

CONSUMER SENTIMENT: A PLEASANT SURPRISE Ebola fears and a choppy stock market haven’t quite rattled household optimism. At a reading of 86.4 (its highest in more than seven years), the University of Michigan’s initial October consumer sentiment index confounded analysts who expected a decrease from September’s final 84.6 mark. Consensus forecasts from MarketWatch and…
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The Market's Wild Swings

A hugely volatile week concludes. What’s next as earnings season gets underway? During this past trading week, volatility ruled Wall Street. In fact, stocks either fell or rose 1.5% or more on three consecutive trading days. That had happened only 54 times since 1928.1 What prompted these ups & downs? Several factors. The International Monetary…
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Weekly Economic Update – October 13, 2014

WHEN WILL THE MARKET CALM DOWN? Earnings didn’t preoccupy investors last week; Europe did. The International Monetary Fund warned that the euro area could enter another recession; European Central Bank president Mario Draghi urged EU member nations to go in for quantitative easing (QE3), but German finance minister Wolfgang Schäuble disagreed. IMF and Federal Reserve…
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