Need to Know: Why investors need to shift from Wall Street to this growth haven

A pretty upbeat week for stocks could end on a sour note thanks to our pals in Europe.

Just a day after a rally for Wall Street, Germany dimmed the lights on global growth with the worst manufacturing purchasing managers index numbers in nearly 7 years on Friday. The reaction was instant, with risky assets everywhere taking a hit and the yield on the 10-year German bond careened to zero.

“It’s unusual to see such a widespread response to a piece of data like this but we have to remember that this is not a domestic problem.

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