Economic Commentary – May 2014

May 19th, 2014, by Phil Bennett

Global equity markets were marginally positive in sterling terms in April 2014 despite weaker than expected economic growth figures for the US and UK and continuing concern about the Chinese economy. However, equity markets have made only modest headway in the year to date with the FTSE 100 now at 6,808 having started the year at 6,731 and with the S&P 500 now at 1,888 having started the year at 1,831. Unless earnings growth begins to come through, volatile times could lie ahead.

Read the full economic commentary here…