this-week-s-state-of-the-economy---what-is-ahead---13-november-2020

This Week's State Of The Economy - What Is Ahead? - 13 November 2020

Date: 14 November, 2020 | By : 

U.S. - Vaccination Record

  • The combination of the election outcome and a workable vaccine boosted financial markets and set the background music for this week’s short list of indicators. See Topic of the Week for our take on the economic implications of the vaccine.
  • Small businesses reported near-record uncertainty in October amid the pandemic and a divisive election.
  • Initial jobless claims may be edging lower, but the fact that more than 20 million people are still seeking continuing jobless benefits in one form or another points to lost momentum in the labor market rebound.

 

Global - U.K. GDP Strong, Eurozone Industrial Production Weak

  • This week, the United Kingdom reported Q3 GDP which confirmed the economy rebounded sharply last quarter. However, with Brexit still unresolved and new restrictions in place, the recovery is likely to be disrupted in Q4. The same can be said for the Eurozone, which reported uninspiring industrial production data and is likely to see activity decline in Q4.
  • Turkish financial markets, especially the currency, have rallied as major policy changes could be imminent. Higher interest rates as well as more orthodox policymaking are now expected; however, we remain somewhat cautious and believe markets could be getting ahead of themselves.

 

Download Full Report

--------------------------------------------------------------------------

Subscribe To Our Newsletter

85 AC Lot Off SH-288 At FM 1462 | 1.5 Acres on 14329 Main St (ALT 90), Houston, TX 77035  | 6 Acres land at 1539 Lawson Rd, Rosharon, TX 77583 |   Meadow Park Tower For Sale in Dallas | Wholesale Price Cleaners For Sale in Houston

12910-12918 Malcomson For Sale in Cypress | 12910-12918 Malcomson For Lease in Cypress

Retail Center For Sale - Texas | Multifamily Land Properties For Sale - Texas | Commercial Land Properties For Sale - Texas | Office Building For Sale - Texas | Retail Center Space For Lease - Texas| Property For Sale | Property For Lease | Hire Us For Commercial Real Estate Service

Commercial Property Dallas | TC Global Commercial Real Estate

Blog Search

Signup! It's free

* indicates required

Blog Categories