Economic Update 01-27-2020
- In a lighter week for economic numbers, home prices and sales both increased, while the index of leading economic indicators showed a decline to end the year.
- Global equity markets all fell due to global concerns over the new outbreak of the coronavirus in China. Bonds, in typical fashion, fared well with interest rates ticking down across the treasury yield curve. Commodities also suffered along with fears of a global growth impact from the virus—especially affecting already-battered energy prices.