Insights

May 2016 Monthly Market Summary

May Monthly Market SummaryThis month, retail sales in the United States gave investors a reason to be optimistic, as they handily beat consensus estimates with 1.3% month-over-month growth. E-commerce, which now accounts for approximately 8% of all retail sales, helped lead the charge by growing 15.2% year-over-year in the first quarter of 2016.

 

The discussions and opinions in this market summary are for general information only, and are not intended to provide investment advice.  While taken from sources deemed to be accurate, Ballentine Partners makes no representations about the accuracy of the information in the market summary or its appropriateness for any given situation. Past performance of the indices shown is not necessarily indicative of future results.

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