INVESTMENT INSIGHTS | May 2015
Out with the old, in with the new. People of nearly every era have probably surveyed the world around them and marveled at how quickly things can change. But these days, change seems to be setting a new speed record.
INVESTMENT INSIGHTS | April 2015
MARKET COMMENTARY | May 2015
Global stocks rose modestly amid a strong rally in the energy sector. Rising oil prices, surging M&A activity and central bank stimulus measures helped to support world stock prices despite a slowdown in U.S. economic growth during the first quarter. Emerging markets rallied as market observers pushed back the timing of an increase in interest rates by the Federal Reserve to later in the year. Bond markets declined and the dollar lost ground against the euro, the pound and most other currencies.
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