Since our last global market overview post, Brazil and Spain have both come off their upper trading range band. Other global indices continue to look overbought, with momentum and breadth easing over the past few trading days.
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 [...]