{"id":22939,"date":"2014-04-01T14:04:36","date_gmt":"2014-04-01T18:04:36","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=22939"},"modified":"2017-06-21T12:39:08","modified_gmt":"2017-06-21T16:39:08","slug":"weekly-market-wrap-up-march-31-2014","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2014\/04\/weekly-market-wrap-up-march-31-2014\/","title":{"rendered":"Weekly Market Wrap Up, March 31, 2014"},"content":{"rendered":"

Market Overview:<\/strong><\/p>\n

The Fed announced that all but one bank passed the Federal Reserve\u2019s stress tests. The Federal Reserve said that 29 out of the 30 big banks would have enough capital on hand to endure a major economic downturn. Zions Bancorp was the only bank that failed to meet the 5% top-tier capital threshold. The DFAST examined how banks would hold up if a deep recession were to hit. The scenario included a sharp rise in the unemployment rate, a drop in equity prices of nearly 50% and a decline in house prices to pre-2001 levels.<\/p>\n

Economic Growth in Latin America is slowing to a pace that is insufficient to meet social demands for better public services said Bloomberg News. The region is expected to grow 0.5% over the next years, however the Latin America market has grown 4.9% in the last five years. Latin America has become vulnerable as governments have increased their spending and taken more debt. In Asia, Japan\u2019s industrial production fell 2.3% in February, the steepest drop in eight months. Europe\u2019s inflation slowed to its lowest levels in four years as CPI levels reached 0.5%, below 0.6% projected growth.<\/p>\n

Weekly Review:<\/strong><\/p>\n