Sectors and global markets continue to exhibit extreme overbought momentum. Utilities are the notable exception to this trend.
We have seen strong coincident activity in the UK in recent months, helped in part by a government-engineered boost to the housing market, which has lifted consumer spirits [...]
Small business confidence in the US has improved from the depth of the crisis in 2008/09, but has moved sideways in the past 12 months. A return of confidence to pre-crisis [...]
Many emerging markets were in recession last year and are only slowly emerging. Tight financial conditions and flat to inverted yield curves will make the recovery slow and [...]