Economic Insights – April 2015
There are geopolitical uncertainties buffeting the global economy, but the moderate volatility levels seen recently in equity markets indicate that most decision-makers have built those challenges into their plans.
However, investors and many business professionals remain obsessively fixated on much smaller factors primarily related to the U.S. economy. That is why we have seen the stock market repeatedly sell off in the face of upbeat news.
Consider the sell off on March 6, when job creaftion was stronger than consensus expecta.....