As the global economy roars back to life, the monthly announcements of PMI data are closely scrutinised. These data shed light on current economic trends and, crucially at this point, the strength of the recovery. But what does this familiar three letter acronym stand for and what do the data actually represent?

At the end of March, the S&P 500 index of US large companies was valued at 34 times its earnings over the past 12 months.

Partner insight from Schroders Investment Management

Joe Biden completed his first hundred days as president of the United States.  We look at what he has delivered so far.