This article was originally published on ETFTrends.com.
By Horizon Investments A somewhat fuzzy global economic picture developed last week. In the U.S., better-than-expected results were reported in terms of initial jobless claims, the unemployment rate, factory orders and ADP employment. But nonfarm payrolls and the ISM manufacturing index disappointed. International economic data was also mixed. Russia and China PMI, as well as Eurozone [...]