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:
- After a dour start to the week, U.S. equities rebounded as they discounted news of a broadening global manufacturing slump.
- On net, the data this week suggested that the U.S. economy remains healthy, but warnings signals are still flashing.
- Renewed optimism in financial markets is encouraging, but with an intensification of downside political risks we cannot rely solely on financial market signals to get a sense of where economic growth is headed.