Global equities dominated the performance ledger for the major asset classes in April with solid gains. For the first time since last July, all the major slices of the world’s stock markets – US, foreign developed and emerging markets – topped the winner’s list for calendar month.
Continue reading →

Venezuela’s Maduro holds on to power with grip on military: BBG
Trump threatens US embargo on Cuba for supporting Venezuela: Reuters
GOP senators raise doubts about Moore’s possible nomination to Fed: WSJ
Year-over-year trend of US pending home sales continued to fall in March: CNBC
Home-price growth rate in US continued to slow in Feb: HW
US Employment Cost Index rose 0.7% in Q1, reflecting moderate wage gain: BBG
Initial GDPNow estimate of US GDP growth for Q2 is a weak +1.3%: Atlanta Fed
US Consumer Confidence Index rebounded in April: MW