The Weekly Bottom Line

Fears of a slowing U.S. recovery and rising worldwide infl ation hurt market sentiment early this week, triggering a fl ight from risk sell off that sent commodity prices and equities tumbling down sharply. WTI crude oil slipped 8.6% yesterday, bringing losses since last Friday of 13.3%. The Dow Jones

The Weekly Bottom Line

This was a busy week on the economic calendar, but two items in particular captured headlines. First was the advanced Q1 GDP report. As we anticipated, the headline growth figure of 1.8% was disappointing. Behind this unfriendly number, however, the details of the report were fairly encouraging. Upward revisions meant