By Simon Laing, a fund manager at Newton The US stock market continues to be rife with uncertain...
By Simon Laing, a fund manager at Newton The US stock market continues to be rife with uncertainty. During the second quarter of the year, investors were presented with two conflicting views of the US. The economic data was suggesting that the worst was behind us, with improvements in consumer confidence and the ISM survey through June and July. However, the continuous decline in the stock market was implying that this was not the case. The Federal Reserve uses the S&P 500 index as one of many leading indicators of the economy, and cites it as one of the most reliable. S...
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