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About the blog

Markets and Economy

Nationwide’s Chief of Investment Research and the Nationwide Economics team offer daily and weekly commentary and analysis of the equity and bond markets, including an overview of economic data being released, global market news, commodities and market performance by index returns. These timely insights can help you navigate markets and understand emerging trends.

Daily Economic Commentary

Near-term Risks Still Climbing

The new COVID infection rate continues to climb and while state and local government restrictions have yet to be aggressively ramped up on balance, the growing lockdowns around the world should serve as a hint of what may be possible in the U.S. in the weeks ahead. England reinstituted a stay-at-home order last week while China this week issued home isolation mandates for three major cities in Hebei province. Several other countries are mulling similar measures and, with many U.S. states having linked re-opening to county-by-county case rates last year, the scope is very much in place for more widespread shutdowns domestically as well.  

Daily Economic Commentary

Financials to kick off earnings season

Fourth quarter earnings season gets underway this week, with the banks again in the leadoff position. JPMorgan, Citigroup, and Wells Fargo all report on Friday while Bank of America is on tap for early next week. These have been heady days for the bank stocks, as the S&P subgroup was up by 32.2 percent in Q4, outpacing the broader market by more than 20 full percentage points due to rising long-term interest rates and an improving economic outlook.