Here Is One Sign That the Global Economy Is Weakening

Global foreign direct investment flows are set to fall by 10-15% to $1.5 to $1.6 trillion this year, according to United Nations data. "Business are very reluctant to invest [cross-borders]," said James Zhan, director of investment and enterprise at the United Nations Conference on Trade and Development, based in Geneva, Switzerland. "This is due to sluggish economic growth and the fragility of the global economy." He also said upcoming political elections in various countries this year adds extra uncertainty. Global foreign direct investment flows are expected to rebound in 2017 and 2018, as global economic growth is expected to accelerate. TheStreet's Scott Gamm reports from Wall Street.