Daily Archives: Dec 14, 2018 at 06:50 am EST

US Financial Markets Stress Index Ticks Up To 2-1/2 Year High

An estimate of financial stress in US financial markets edged up last week to the highest level since April 2016, based on the St. Louis Fed Financial Stress Index (STLFSI). Although the benchmark remains well below zero, which implies a below-average level of stress, the steady rise in recent months suggests that financial conditions are on a path of becoming less favorable for markets and the economy in 2019.
Continue reading

Macro Briefing: 14 December 2018

China’s retail and industrial sectors post sharply softer growth in Nov: Reuters
Eurozone growth slips to slowest pace in over 4 years in PMI survey: IHS Markit
EU offers no concessions to UK’s embattled PM for Brexit deal: CNBC
ECB announces end of bond-buying program: CNBC
White House will delay tariff hikes on Chinese goods till March 1: Bloomberg
Survey: economists expect Fed to raise rates next week: Bloomberg
US import prices in Nov post biggest slide in three years: Reuters
US jobless claims fell sharply last week, near 50-year lows again: MW