05.2014: Goldilocks and the Global Economy
Channel: Voya Global Perspectives
Date: 19/05/2014

--The first quarter delivered good news and bad, but nothing that would derail equity markets from their pursuit of new highs.
--Though bonds outperformed equities in the quarter, positive performance was broad-based.
--Resurgence in the manufacturing sector — driven in part by the monumental gas boom — is finding its way into corporate profits.
--The more acute issues in the emerging markets have eased, fueling a V-shaped comeback by their equity markets.