Archive for June 29th, 2016

Deeper Analysis

Comment on U.S. GDP Growth and Trade Protectionism

June 29, 2016

The second and final revision of U.S. growth between the final quarter of 2015 and the first one of 2016, released yesterday, was revised upward by 0.3 percentage points to 1.1% at a seasonally adjusted annualized rate (saar).  The initial growth estimate reported in late April had been 0.5% saar.   Commentary surrounding the report […] More

New Overnight Developments Abroad - Daily Update

Tuesday’s Market Rebound Extended

June 29, 2016

European share prices have risen an additional 2.8% in Spain, 2.5% in France, 2.4% in the U.K. and Italy,  2.2% in Switzerland, 1.9% in Germany and 1.2% in Greece. Sterling is trading currently at $1.3421, up another 0.6% and 2.3% above the 30-year low seen on Monday. The dollar has also settled back 1.0% against […] More

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