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:
· Our updated economic forecast anticipates a slowdown in global growth to 3.2% in 2019, roughly at trend.
· A weak handoff from 2018 and start to 2019 motivates much of the downgrades in advanced economies, while growth in emerging markets is anticipated to perk up slightly later in the year.
· Growth in the U.S. is expected to slow, but still remain at an above-trend pace this year. That said, lingering economic uncertainty could weigh further on the domestic and global outlook.