No change is expected in US industrial production in tomorrow’s August report vs. the previous month, according to The Capital Spectator’s average point forecast for several econometric estimates. The average prediction for a flat performance compares with a robust 0.6% increase in July.
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US retail sales are expected to increase 0.2% in tomorrow’s August report vs. the previous month, according to The Capital Spectator’s average point forecast for several econometric estimates. The average prediction reflects a deceleration in growth after the previous month’s 0.6% rise.
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Emerging-market stocks have been getting hammered this year, but last week offered some relief. The Vanguard FTSE Emerging Markets ETF (VWO) jumped 3.9% for the week through Sep 11, delivering the best weekly performance–based on price-only returns–for our standard set of proxies for monitoring the major asset classes. Is it time to jump back into this battered-and-bruised corner of global equities? Probably not.
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● A Fed rate hike this week may be symbolic | LA Times
● Economic worries weigh on China stocks in Monday session | Reuters
● Is a banking crisis stalking China and other emerging markets? | Bloomberg