Economic Update 01-06-2020
- Economic data for the turn of the New Year included mixed results in manufacturing, yet stronger construction and housing data, as well as continued strength in labor featured by low jobless claims.
- U.S. and foreign equity markets ended the week flat to downward, on the heels of geopolitical turmoil in the Middle East by the end of the week. Bonds fared well, as interest rates declined along with investors seeking safety in such an environment. Commodities ticked higher along with higher crude oil prices.
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LSA Connect, January 6, 2020
