Economic Update 7-17-2017
- Economic data for the week was highlighted by a decline in retail sales, consumer sentiment, job openings and year-over-year consumer inflation, while industrial production ticked higher. Investors were also reassured by Fed Chair Yellen’s comments concerning a continued slow pace of monetary policy tightening.
- Equities in the U.S. and many foreign markets experienced gains for the week, as global sentiment improved in a few areas. Bond prices rose upon interest rates falling globally. Commodity indexes rose on the heels of a weaker dollar and rebound in crude oil prices for the week.


