Friday 20 September 2013

Ask Matt: Emerging markets sink global economy?

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USA TODAY - Personal Finance September 20
NEWS SPORTS LIFE MONEY TECH TRAVEL OPINION WEATHER
A man counts U.S. bills June 26 at a currency exchange shop in Mumbai.
Ask Matt: Emerging markets sink global economy?

Ask Matt: Their markets are laggards compared to USA, but they're not dead weight yet.
Stock mutual funds soared an average 12.8% in the first quarter through Wednesday.
Stock funds score solid gains in first half

Health and biotechnology funds were the leading sectors, jumping an average 20.8%.
Mortgage rates have dipped recently after hitting a two-year high of 4.58% on Aug. 22.
30-year mortgage rate falls to 4.5%

Rates have fallen amid signs the economic recovery may be slowing.

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Trader Kevin Lodewick, left, and specialist John McNierney work on the floor of the New York Stock Exchange Monday, Sept. 16, 2013.
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