Let us start with the reasons to be cheerful about the US economy. The brightest star must be the housing market, where there are clear signs of a recovery.
Housing starts accelerated throughout 2012 culminating in December when they were up 12.1% from the previous month and 36.9% from a year ago. This is encouraging as it shows housing is now a tailwind...
Osborne calms markets as FTSE 100 only down 0.8% in early trading; Decision delayed on Emergency Budget
The FTSE 100 opened down 0.8% in the second day of trading following the Brexit vote decision, as Chancellor Osborne moved to reassure markets with a early morning statement saying the UK was well prepared for the challenges ahead.
As news of the UK's decision to exit the EU sunk in over the weekend, Investment Week rounds up some of the key stories for our market.
'Black Swan' event
Back safe havens
US markets suffer losses upon opening