Correction: Please note that the returns for the Global Market Index (GMI) and its rebalanced version (GMI-R) were overstated in an earlier version of the monthly update for April 2015. The actual returns are in fact modestly lower. The corrected performance data for GMI and GMI-R are shown in the table below. The original reference to GMI’s monthly return in the text has been corrected as well. Apologies for any inconvenience.
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● Consumer Spending Ends Sluggish U.S. Quarter on Better Note | Bloomberg
● US Personal income went nowhere in March | Business Insider
● U.S. Jobless Claims Fall to Lowest Level in 15 Years | WSJ
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● Consumer Comfort Index in U.S. Falls to Lowest Level in 6 Weeks | Bloomberg
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