Now that central banks are starting to get the point that more of the same is not working, they are looking to change their targets. Markets slip from all-time highs as China and U.S. economic data softens. Inflation tame, GDP slow,
Employment numbers keep on showing signs of a strong economy. On the other hand, productivity showed a massive drop. Market continue to creep higher – even in light of valuations and headwinds as the search for yield continues. Olympic update!
Stocks are reaching levels that may not be sustainable. With European stress tests under scrutiny, banks within the region are getting hit hard while Greek banks have been upgraded from selective default. The CDC is now warning people to stay away from...