Goldman Sachs Asset Management chairman Jim O'Neill looks back over a week of mixed economic indicators from two of the world's leading powerhouse nations.
The pace of new housing starts in the US has accelerated to its fastest rate in three years, providing a bright spot for US investors unsettled by weakening macro data.
The International Monetary Fund has trimmed its US GDP forecasts and warned the nation's economic recovery remains fragile.
US stocks saw their first weekly gain since April as Greek election polls revealed support for pro-bailout parties and data showed the American housing market is stabilizing.
Peter Kaye and Nabeel Mughal, managers of the £98m Melchior North American Opportunities fund, pick five indirect plays on the US housing market.
Mike Riddell, member of the M&G bond team, explains why the UK is now starting to face a slowdown.
Unlike the London housing market that seems to rise every year, the stock market had another year of wild gyrations.
Equity markets have seen strong rallies in the last six months.
From where we sit at the half-way point of the year, it seems that to advocate an argument on whether the market is bullish or bearish is as finely balanced as it has been for a long time.