Here is what happened in the Capital Markets this week.
The Weekly Bottom Line (please click link to open)
The Weekly Bottom Line, courtesy of TD Economics, includes a review of market performances, recent key economic indicators, a calendar of upcoming key economic releases, and other relevant data. The highlights from this week’s report include:
· Data released this week remains consistent with the view that U.S. economy continues to expand at an above-trend pace.
· Although disappointing in terms of the headline, job gains were also consistent with an economy running near capacity. Furthermore, wage growth held at a healthy pace in November.
· An agreement between the U.S. and China to delay escalation of tariffs until April failed to convince financial markets that trade tensions are easing.