Top News | Aug 4, 2015

Moderately softer US data

The ISM purchasing manager manufacturing index (PMI) declined to 52.7 in July from 53.5 in June, which was the highest reading in five months. However, the widely-watched activity gauge continues to signal a relatively solid growth path. US consumer spending rose by +0.2% in June as expected, more moderately than in the previous month, when consumers increased spending by +0.7%.

New investor magazine "Investorama"

New favorite stock market on the horizon?

In this issue of Investorama, we focus on the question if the positive development of the Equity markets in Europe and Japan is the sign of a new market cycle. Meanwhile, in the Interview we take a look at the role hedge funds can play in a portfolio. Even the "the number" has to do with hedge funds.