Curious about the newsletter? You’re timing is perfect. Here’s a fresh sample of The US Business Cycle Risk Report.
Even better, there’s a weekend bonus: Subscribe for one year by Sunday, Sep. 10, 2017 and you’ll receive 5 additional issues at no extra charge.
For complete subscription information, click here.
Technology shares have overtaken financial stocks as the top sector performer for the trailing one-year period, based on a set of ETFs. The formerly high-flying financials have been clobbered recently, in part due to worries that falling bond yields and the blowback due to hurricanes striking the US will take a bite out of earnings for banks and insurers. Tech shares, by contrast, have been relatively steady this week, holding on to nearly all of the sector’s 2017 rally.
Florida braces for Hurricane Irma: WaPo
Jobless claims rise sharply due to Hurricane Harvey: Bloomberg
Govt’s services survey suggests Q2 growth will be revised up: Reuters‘
European Central Bank holds interest rates steady… for now: CNBC
German industrial output flat in July: MarketWatch
China’s export growth slows in August: RTT
US Treasury yield edges down to 10-month low: MarketWatch