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Markets Face Tariffs

Trade policy uncertainty continued to shape financial markets this week as replacement tariffs under Section 122 of the Trade Act

Economic Data Signals Resilience

There was a plethora of economic data releases this week with most indicating the resilient economic backdrop remains in place.

January 2026 Bond Market Review

December economic data signaled moderating inflation alongside a continued rebalancing in labor market conditions, with price pressures still running modestly

5/21– Weekly Economic Highlights

The Conference Board’s Leading Economic Index (LEI) jumped 1.6% month-over-month in April (stronger than the 1.2% consensus forecast), following a 1.3% increase in March. On a year-over-year basis, the LEI was up 17.0% in April against a severe decline in the index in April last year. The LEI has now fully recovered and surpassed its previous prepandemic peak in January 2020. According to the Conference Board, the index suggests that economic growth may accelerate in the near term.

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