There is a lot at stake – and a lot of noise – around the upcoming US presidential election. So, what should investors actually focus on? In this short video, AB’s Chief Market Strategist, Rick Brink, analyzes the potential election outcomes and their policy implications that could impact markets in the short and medium term. […]
Economic Update 10-19-2020 Economic data for the week included strength in retail sales and consumer sentiment, regional manufacturing reports were mixed, while industrial production fell back. Producer and consumer inflation ticked up slightly, while jobless claims remain challenged. Flattish U.S. equity markets outperformed foreign stocks, which declined last week, along with mixed political and economic […]
Economic Update 10-5-2020 Economic data for the week included the final GDP release for Q2, which was little changed. Manufacturing and construction continued to show general expansion trends, although month-to-month data remains mixed. Housing metrics and prices continue to show strength. The monthly employment situation report was positive, but not as strong as expected. Global […]
Economic Update 9-28-2020 Economic data for the week included a rise in durable goods orders and strong housing results, while jobless claims remained elevated. Global equity markets lost ground globally by several percent, as economic concerns continued to fester in the wake of the pandemic. Bonds were mixed, with treasuries gaining a bit, while credit […]
Economic Update 9-21-2020 Economic data for the week included the Federal Reserve keeping monetary policy unchanged, but with more dovish forward guidance. Retail sales and industrial production expanded, but at a slower pace than expected, as did the index of leading economic indicators. Housing results were mixed, although general consumer sentiment improved. Global equity markets […]
Economic Update 9-14-2020 On a holiday-shortened week, economic data included a tick upward in producer and consumer inflation, although levels remain tempered. Employment data remained mixed. U.S. equity markets declined last week, as profit-taking in certain higher-growth stock groups continued. Foreign stocks outperformed domestic stocks slightly, along with improved economic prospects. Bonds gained due to […]
Economic Update 09-08-2020 Economic data last week included mixed but generally pointed to expansion for manufacturing and services releases, as well as a better-than-expected employment situation report for August. U.S. and foreign equities both fell back last week, as growth stock strength reversed. Bonds ticked up slightly, although stronger economic data sustained interest rates. Commodities […]
Economic Update 08-31-2020 Economic data for the week included higher than expected durable goods orders, continued strength in house prices and new home sales, and largely stable elevated levels of jobless claims. Global equity markets gained last week upon hopes of Covid therapeutics and a ramped-up vaccine timeline, as well as decent economic news. Bonds […]
Economic Update 08-24-2020 Economic data for the week included strength in a variety of housing metrics, continued improvement in a broad index of leading economic indicators, but a pullback in several regional manufacturing indexes. U.S. equity markets gained upon continued stronger economic data and hopes for a near-term vaccine, while foreign stocks lost ground due […]
Economic Update 08-17-2020 Economic data for the week included further gains in retail sales, and industrial production, among other measures. Consumer sentiment and jobs results also showed improvement, all of which look to a stronger showing for the third quarter over the second. Global equities experienced gains last week as investors look ahead to economic […]
