Capital Markets Lab Weekly Market Wrap Up, July 26-30, 2010

Market Update Economic Data Initial claims came in as expected in the range between 440k and 470k. This number is better than the previous 468k.  Continuing claims however continued to trend upwards (4565k from 4487k).  Consumer confidence dropped lower than expected and new home sales came in better than expected. This week’s numbers are largely […]

Capital Markets Lab Weekly Market Wrap Up, July 19-23, 2010

U.S. Market News Ben Bernanke on the Economy Wednesday and Thursday the Chairman of the Federal Reserve gave the Senate and the House his semiannual monetary policy briefing. Although the briefing in the House and Senate were the same the questions differed slightly.  The main concern on most of the congressmen’s minds was the high […]

Capital Markets Lab Weekly Market Wrap Up, July 12-16, 2010

Market Update Equity markets traded down on Thursday as signs of growth waned.  China’s May leading economic index indicated that  PPI, CPI, retail sales and industrial production all grew at slower paces than expected.  The Bank of Japan kept its target rate at .10%.  There continues to be signs of slowing growth in the global […]

Capital Markets Lab Weekly Market Wrap Up, July 5-9, 2010

Equity Markets Increased Retail Sales Reflects Consumer Confidence Sales gains have been reported by U.S retailers this month, with the majority led by department stores and the like. This increase in sales is attributed by the recent Memorial day sales, back-to school shopping, clearance sales to make room for the fall merchandise and comparatively warmer […]

Capital Markets Lab Weekly Market Wrap Up, June 14-18, 2010

Fannie Mae and Freddie Mac to be De-listed On Wednesday, June 16, Fannie Mae and Freddie Mac were “ordered…to voluntarily de-list”, according to the Wall Street Journal. The decision was pushed by Federal Housing Finance Agency Director Edward DeMarco. The two mortgage giants own 53% of the United States total outstanding residential mortgages, at the […]

Capital Markets Lab Weekly Market Wrap Up, June 7-11, 2010

U.S. Economic News According to the Federal Reserve’s Beige Book, the economy has continued the path to recovery with “modest growth” across all twelve districts. Consumer spending has increased and it appears that “sales of spring and summer apparel were strong in the Boston, New York, Philadelphia, St. Louis, Kansas City, and Dallas Districts”; however, […]