by Laura Hochstetler | Jun 23, 2018 | Uncategorized, Weekly Market Update
Market Action Trade war threats shook the markets this week and drove them down. US President Donald Trump said he would impose tariffs on $50bn of Chinese goods because Beijing is not dealing with American complaints about stealing intellectual property. In response,...
by Laura Hochstetler | Jun 9, 2018 | Uncategorized, Weekly Market Update
Market Action The leaders of the G7 countries met in Quebec Friday and Saturday, amid deep tension about US tariffs and other issues. Members issued a joint statement on Saturday that underscored the importance of rules-based, international trade. On Sunday the Swiss...
by Laura Hochstetler | Jun 2, 2018 | Uncategorized, Weekly Market Update
Market Action A coalition deal was reached in Italy as the Five Star Movement and League officially joined forces to govern the eurozone’s third-largest economy. In Spain, Pedro Sanchez claimed the country’s prime minister post after his socialist party...
by Laura Hochstetler | May 27, 2018 | Uncategorized, Weekly Market Update
Market Action The EU began enforcing the General Data Protection Regulation (GDPR), which applies to any company doing business in the bloc and includes new privacy rights as well as data collection responsibilities. The GDPR is backed up with high fines: up to 4% of...
by Laura Hochstetler | May 24, 2018 | Uncategorized
Sir Paul Tucker is a fellow at the Harvard Kennedy School and chair of the Systemic Risk Council. Previously, he was Deputy Governor at the Bank of England, sitting on its monetary policy, financial stability, and prudential policy committees. Internationally, he was...