- Published: 02 January 2017
2016 has been a good year for investors. After strong uncertainties early to mid-year, fueled by the saga of the unusual U.S. elections, investors gained confidence and the stock market experienced a rally during the post election weeks. At the start of 2017, the stock market indices are at their new peaks. Yet, the investors may be wondering what to expect for the upcoming year: a decline, an uncertain seasaw movement, or a sustained rally.
As of the end of 2016, the benchmark indices have performed as follows, in terms of price gain:
- Published: 29 August 2014
The United States economy grew faster than previously thought in the second quarter of 2014, the Commerce Department said on Thursday, August 28, 2014. The latest numbers confirm the signs of a sustainable growth and the continued positive outlook of the US economy. Reacting to the news, President Obama expressed his satisfaction and said that “companies are investing, consumers are spending...There are reasons to feel good about the direction that we are headed"
The growth was fueled by several factors including manufacturing, increased investment by businesses, and foreign trade.