Chicago Fed National Activity Index
Markets Stymied by Covid
January 25, 2021
The more contagious variant strains of Covid-19, tightening lockdowns in several countries, and Republican senator misgivings about undertaking another large fiscal stimulus have world investors unsure about what lies next for the world economy. The confusion can be seen in mixed financial market results. Stock markets rose today by 2.4% in Hong Kong, 2.2% in […] More
Stocks Mixed, Bond Yields Lower, Oil’s Up, and the Dollar’s Little Changed
July 22, 2019
Equity markets closed down 1.3% in China and Hong Kong, 0.8% in India, 0.4% in Indonesia, and 0.2% in Japan but have risen in Europe by 0.5% in Germany, 0.4% in Italy and 0.3% in the U.K. and France. U.S. share prices also opened slightly higher. Ten-year U.S., German and British sovereign debt yields slipped […] More