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