Market Action World stocks, as measured by the MSCI All-Country World Index, have risen every month this year – the first time in its history that a calendar year has […]

Market Action The US tax reform bill was passed by both houses of Congress this week and signed into law on Friday. The law will reduce taxes for corporations and […]

Market Action Flash estimates of purchasing managers indices suggest that global economic momentum has persisted into December. Manufacturing PMI for Europe hit a record high of 60.6 in December, and […]

Market Action The U.K. and the E.U. reached an agreement Friday on Brexit terms after six months of tense talks. The deal clears the path for discussions to start next […]

Market Action November was the best month for Eurozone factories in over 17 years. IHS Markit’s final manufacturing PMI for the Eurozone climbed to 60.1 last month from October’s 58.5. […]

Market Action Global equities edged slightly lower this week amid an uptick in volatility. Yields on benchmark US 10-year Treasury notes slipped a few basis points to 2.35%, and the […]

Market Action Global equities reached all-time highs at midweek before backing down amid anxiety about delays in US corporate tax cuts. Saudi Arabia’s crackdown on corruption, growing tensions between Iran […]

Market Action Global equities set record highs again during the week, against a backdrop of solid economic and earnings growth. U.S. job growth accelerated in October after hurricane-related disruptions in […]

Market Action The US economy grew at a faster-than-forecast pace of 3% in the third quarter, handily beating 2.5% forecasts. Economists had expected a moderate Q3 slowdown because of the […]