Stocks Gain in May as Nasdaq Rebounds, S&P 500 Hits High
Global equities rise 1.8% for the month, while the Nasdaq 100 soared 4.3%, erasing earlier declines.
Trends Point to Growth & Stability
Developed nations are showing renewed signs of stability in output growth and employment, according to recent data from the International Monetary Fund. Meanwhile, the emerging markets of the world have hit an important milestone: Their combined gross domestic product now represents more than 50% of global production, a recent IMF...
Bright Spots Offer Hope for Indonesian Economy
Three sectors are leading the way after the fall of the nickel market.
China’s Economy ‘Not Going Over a Cliff,’ JPMorgan Says
Its GDP growth is slowing to 7.5% from a 10-year average of 9.9%, according to a JPMorgan portfolio manager.
China Leads Demand in Auto Sector as U.S. Market Sees Tough Road
Strong demand for luxury cars in China has not abated, but a challenging year is seen for the North American sector.
Wal-Mart’s Troubles May Be Canary in a Coal Mine
Wal-Mart’s (WMT) surprise drop in sales caused considerable tension in the market, as stocks took their biggest five-day tumble of the year last week.
Italy is feeling the pinch. Not only is its economy still struggling amid the European debt crisis, but factors from politics to competition from China, within its very shores, are complicating its problems.
More Car Trouble
The Big Three automakers have had an impressive recovery, but optimism about the U.S. auto industry may be overdone. The problem lies with the structure of the global auto industry.
Japan Cuts Economic Assessment
The Japanese government has cut its economic assessment for the first time since October 2011, saying the country’s economy could be in for additional risk if the global economy slows further.
How to Buy Facebook Without All the Risk
As demand skyrockets for Facebook’s new shares, advisors plan to jump into this investing product that will give clients exposure to the hot social media IPO without too much volatility.