The rally in global assets broadened in March, lifting nearly every slice of the major asset classes. The downside outlier: bonds in emerging markets. Otherwise, last month delivered a clean sweep of gains, based on a set of ETFs.

Continue reading →

* Inflation remains sticky in US and Europe, creating challenges for central banks
* China factory activity in March is strongest in 13 months via survey
* Gold trades at new record high on Monday
* Bitcoin and S&P 500 are first quarter’s big winners
* Fed’s favored inflation gauge ticked up to 2.5% in February
* US consumer spending rebounds sharply in February:

Continue reading →