Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
Blog Home
Bob Carey
Chief Market Strategist
Click for Bio

Follow Bob on Twitter Follow Bob on LinkedIn View Videos on YouTube

  US Economy and Credit Markets Week Ended January 30, 2015
Posted Under: Weekly Market Commentary
Supporting Image for Blog Post

Treasury yields fell to all-time lows last week due to continuing concerns over global growth and the Federal Reserve's decision not to raise rates. On Tuesday, the December orders for durable goods fell unexpectedly. New home sales reached the highest level in over six years, due to an improving labor market and lower mortgage rates. On Wednesday, the 30-year bond closed at a record low as the Federal Reserve continued to show patience in raising borrowing cost, keeping rates near zero until at least midyear. On Thursday, the January 24th Initial Jobless Claims report declined to the lowest level since April 2000. Treasury prices climbed on Friday after a report showed a larger than expected slowdown in the U.S economy last quarter. Major economic reports (and related consensus forecasts) for the upcoming week include: Monday: December Personal Income (0.2%), December Personal Spending (-0.2%), January Markit US Manufacturing PMI (53.8), January ISM Manufacturing (54.5); Tuesday: December Factory Orders (-2.2%); Wednesday: January 30 MBA Mortgage Applications, January ADP Employment Change (220k); Thursday: January 31 Initial Jobless Claims, December Trade Balance (-37.9B); Friday: January Change in Nonfarm Payrolls (235k), January Unemployment Rate.
Posted on Monday, February 2, 2015 @ 8:32 AM • Post Link Share: 
Print this post Printer Friendly

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
Search Posts
Market Commentary and Analysis
Market Commentary Video
Weekly Market Commentary
Weekly Market Watch
Monthly Talking Points
Quarterly Newsletter
Market Observations
Subscribe To Receive Email

Utilities Off To A Good Start In 2015 But Could Encounter Headwinds
The S&P 500 Is Not Expensive On A Forward-Looking Basis
US Stocks Week Ended January 23, 2015
US Economy and Credit Markets Week Ended January 23, 2015
Higher Inflation Not Only Welcome But Sought In Current Climate
Keep One Eye On The VIX Index And The Other On The S&P 500’s Total Return
US Stocks Week Ended January 16, 2015
US Economy and Credit Markets Week Ended January 16, 2015
Some Perspective On The Performance Of The S&P 500
Large-Capitalization Stocks Extend Leadership Role To Three Years
Skip Navigation Links.
Search by Topic
Skip Navigation Links.

The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2023 All rights reserved.