Featured Market Snapshot
February's jobs report disappointed at the top, but the angels were in the details; China's growth cast a long shadow; Europe's central bank went full dovish.
Strong U.S. growth in Q4 was boosted by buildups in inventory; Generation X stepped up in home ownership in Q4; China - U.S. trade tensions eased as growth in China continued to slow; Eurozone manufacturing continued to slide.
The UK and the EU looked for a way to kick the can forward while leaving the Article 50 agreement in place; China and the U.S. set the stage for a possible breakthrough in trade; Venezuela's dueling concerts provided little relief.
U.S. consumers had a downbeat December; China-U.S. trade talks were set to reconvene in Washington; Mexico's Pemex got yet more help; U.K. clothiers discounted deeply, pre-Brexit
The UK and the EU stepped up the pace of negotiations as the March 29 Brexit deadline approached; Eurozone growth forecasts dropped again, heightening Italian-French tensions; Russia's central bank held rates steady.
China's economy showed renewed strength; Eurozone manufacturing weakened; U.S. industrial production fell slightly as companies began to work down inventory levels.
Brexit got a six-month breather; US growth stayed on the path, while Italy downgraded its own forecast; China's exports recovered, but imports fell; shale oil got another large sponsor.
Friday saw a solid U.S. jobs report, with only a couple of wrinkles; Germany's manufacturing sector had a distressing February; Greece's debt crisis generated an ironic payday; Brexit hit yet another pothole.
Consumers held back slightly in January; the ECB contemplated another innovation to support Europe's banking sector; Theresa May's Brexit deal was defeated in the House of Commons; Sweden contemplated deficit spending to support its slowing economy.
The FOMC made a major dovish move; Brexit got a reprieve and the UK has some decisions to make.
The British pound seemed to enjoy the current impasse; Italy considered joining China's Belt and Road Initiative on commerce and infrastructure; U.S. economic data was less than encouraging; China and the U.S. agreed to continue agreeing.
The Fed changed direction; a deluge of new data showed a solid but slightly soft employment market in January; OPEC started the year with a display of discipline; Italy slid into recession.
China is sending a top-level trade delegation to the U.S. to continue negotiations over tariffs and trade; Europe’s slowdown began to show; why Venezuela’s military is staying loyal to Maduro – so far.
The Brexit saga moved forward, if uncertainly; China took steps to ease its economy as trade talks continued.
The Fed redoubled its campaign to undo the impressions left by its previous statements; China helped pick up the pace of its trade negotiations with the U.S.; Brexit brinkmanship saw no breakthrough.
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