As Nicholas Colas, co-founder of DataTrek Research, recently told clients, 2019 is"the year where everything worked — stocks, bonds, gold, even bitcoin."By the numbers: As of Tuesday, the MSCI All-World Index, which tracks global stocks, had gained 24% year to date. The S&P 500 had jumped more than 28.5%. US seven- to 10-year Treasuries had returned roughly 8%, while US top quality corporate bonds returned 17%.Some assets, such as US tech stocks, have clearly outperformed.
Reuters and the Wall Street Journal both have stories on a new report from Mastercard SpendingPulse that shows a sharp increase in online shopping. The numbers:The big takeaway, per the WSJ:"The shift online reflects a reshaping of the retail industry, with department stores struggling to attract shoppers, while others, including Amazon and Target, use their digital platforms to grab market share.
AlisonKosik civil war waged by SaudiArabia in Yemen has claimed tens of thousands of lives. yemenisarehumans