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Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.
World Bank cut its economic growth forecasts
We finished with a positive note. Â The Nasdaq was stronger than the SPX noticing the bulls apetite for tech stocks in Jan ’15.
Indexes fell after the World Bank cut its economic growth forecasts. Disappointing U.S. retail sales data pushed Treasury yields lower, while the dollar dropped against the yen. Oil jumped on technical buying ahead of options expiration and gold edged lower.
The second chart is from DataStream:Â US Retail Sales 2015
