Markets Have No Time to Worry About Fundamentals
Posted: Wed May 15, 2019 8:03 pm
Yahoo - 5/15/2019 - Robert Burgess - Bloomberg - Those looking for good news on the economic front on Wednesday were disappointed. Reports in China showed industrial output, retail sales and investment all slowed in April by more than forecast. Germany said its economy expanded at an anemic 0.4% in the first quarter. In the U.S., retail sales declined unexpectedly in April and factory production fell for the third time in four months. This was all proof that the global synchronized slowdown is real, and yet stocks worldwide were headed for their second straight gain. Read more @ https://www.yahoo.com/news/markets-no-t ... 36005.html