A weekly look at the US and the global economy...
"Interestingly enough, and perhaps a sign of the still fragile
conditions of the global economy, is that one of the few positive
news seem to be coming from the most unlikely of places: the
Eurozone. If not for anything else, perhaps this is a reminder that
economic activity across the globe remains fragile and that risks
to the outlook remain relatively high. However, a better
performance by the Eurozone is one of the ingredients to a better
global economy. If we add a better U.S. economic performance
after a very weak first quarter, then the prospects for the global
economy will remain positive, especially if there are no additional
unwelcome surprises."
realclearmarkets.com/docs/2015/05/WeeklyEconomicFinancialCommentary_05012015.pdf
