The expected risk premium for the Global Market Index (GMI) was 4.9% in May, unchanged from the previous month. The projected return over the “risk-free” rate is an estimate for the long run for the index — an unmanaged market-value-weighted portfolio that holds all the major asset classes.
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Fed set to raise rates above inflation for first time in a decade: Reuters
German factory orders fell for fourth month in April: Bloomberg
Unionized UPS workers move closer to a strike: USA Today
India’s central bank hikes rates for first time in four years: CNNMoney
The US labor market may not be as strong as it appears: MNI
Trade deficit for US shrinks for second month: AP
US productivity drops nearly by half in first quarter: MarketWatch
Tech stocks drive rally in US equities: Bloomberg
US stock market (S&P 500) rallies to highest close since mid-March: