After underperforming the S&P 500 last year by nearly 20%, the international markets sprinted higher to start 2015. Well it looks like that may be about to change. Over 54% of ALL Emerging Market Stocks Are In A Bear Market Even As The MSCI EM Index Is Off Only 7% China Stocks Tank Again “Chinese
The sell-off in commodities deepened with prices touching the lowest since 2002 as the prospect of higher U.S. interest rates sent gold tumbling. Gold fell 1% on Friday after the People’s Bank of China revealed lower than expected gold reserves. All the signs coming out of the world’s biggest gold consumer right now are cautious.
It wasn’t the long-shot these kickers displayed, but Greece wound up capitulating at the last hour (literally) to strike a deal with the eurozone finance ministers. The eurozone and Greece have agreed in principle to a third bailout that will keep the beleaguered country in the currency area, for now, after almost total capitulation from
Over the weekend, word came out that GMO’s asset allocation maven James Montier has a very defensive stance in his portfolio. He has moved to risk levels not seen since 2008, with cash levels exceeding 20% and fixed income weighing in just over 30%. This just adds to the list of wily stock market veterans
Did you know that with equity volatility on the rise globally, the Chinese stock market crashing, Greece in need of a life-line, Shark Week over, etc. the US stock market has held up very well. Using history is a guide, we are 3 1/2 years without the average intra-year drop of 14.2%! Stay Tuned, Stay