In June, 2016, voters in the UK delivered one of that year’s big political surprises. Against the predictions of pollsters and pundits, they voted, by a narrow margin, to leave the European Union (EU). It was one of a series of big surprises that humbled analysts around the world who Read more
Emerging Markets and Europe: When Will It Be Time To Buy? The global landscape of economic growth is one of the “critical variables” that we watch as a barometer of recession risk. A year ago we reported that the world was enjoying a coordinated uptick in economic growth. (Our regular Read more
Market Summary The U.S. Market and Economy As we have been mentioning frequently in these pages, we continue to have a bullish view of the U.S. economy. More positive economic data surface each week. This week we learned that small business optimism in the U.S. is at the highest level Read more
For several years we have been alerting our readers to the dangers posed by the over-leverage of the Chinese financial system. Eventually this over-leverage could result in a financial crisis within China. Direct contagion would be limited because China’s financial system is largely separate from the rest of the world’s, Read more
S&P Dow Jones Indices is the company which maintains the GICS — the Global Industry Classification System. That system assigns companies to specific industry groups; it’s important because so many exchange-traded funds are grouped together on the basis of these classifications. That can mean that many stocks get caught in Read more
U.S. and Global Stocks: The U.S. Remains the Place to Be Here we are in September, and as we have mentioned before September is a month for market adjustments before we move into what is usually the strongest period for U.S. stocks, which is from October through April. There have Read more
Market Summary The U.S. economy, GDP growth, consumer income, employment statistics, and corporate profits are very good. U.S. consumer spending is strong, and corporate profits for almost all economic sectors, including the consumer sector, are booming. Real GDP growth for the second quarter of 2018 was just revised upward slightly Read more
Turkey and Europe When strongmen hit a wall, it’s usually bad for their currencies. This has recently been proven in spades in Venezuela, as the endgame rolls on for the experiment of “Bolivarian socialism.” It’s also proving to be the case in Turkey, and that has many implications for Europe. Read more
31225 La Baya Drive, Suite 214
Westlake Village, CA 91362
1 310 826-8600
Mon-Fri 6:30-4:30
