Weekly Market Update - April 15, 2019

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This Weekly Market Update from Gallagher Fiduciary Advisors, LLC revisits key investment headlines from last week:

  • Jobless claims in the U.S. fell by 8,000 to a seasonally adjusted mark of 196,000 for the week ended April 6
  • The International Monetary Fund (IMF) last week cut its global economic growth forecast for 2019 to 3.3%, down from 3.5% in January and 3.7% in October
  • The Q1 2019 earnings reporting season kicked off last week and was highlighted by strong reports from J.P. Morgan and Wells Fargo, each of which reported Q1 earnings that exceeded Wall Street analysts’ estimates