Q1 2016 Global Economic Overview

In the first quarter of 2016, the macroeconomic and market environment behaved like the “Tilt-a Whirl” at a county fair. There were huge movements and gyrations in markets and interest rates, but the quarter closed in a similar position to where it opened. Worldwide stock markets declined strongly in the first six weeks of the quarter, only to rally substantially in the second half of the quarter.

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