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WALL STREET INSIGHT

Despite grim outlook, all is not lost for market bulls

US growth rate still seems to be accelerating despite trouble with trade partners
Monday, August 24, 2015 - 05:50
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US stocks rose, following their biggest gains since 2011, amid a relief rally throughout global markets and as data showed the economy grew more than previously estimated.

LAST week, major stock indexes had their biggest declines since 2011 and the Dow Jones Industrial Average finished in official correction territory, more than 10 per cent from its May record high amid fears that another global recession is at hand.

While the selling could pause this week