Germany′s aging population desperate for more nurses 

Germany′s aging population desperate for more nurses 

We’ve talked quite a bit over the last several quarters about the nursing shortage in the US that has fueled the sharp climb in AMN Healthcare shares. Now we are hearing the same in Germany, with the root cause serving as a confirming signal for our Aging of the Population investing theme and its global […]

read more »
Manufacturing Goes Bipolar but Yellen is Feeling Good

Manufacturing Goes Bipolar but Yellen is Feeling Good

The recent US manufacturing data has gone biopolar while over in Europe and even Japan, manufacturing is more solidly strenghtening. Then there is Fed Chair Janet Yellen’s recent assurances… this week is shaping up to be full of entertainment outside of yesterday’s fireworks! ISM Manufacturing data for June indicated solid growth in most areas but was also […]

read more »
America First? When it comes to GDP we get the bronze!

America First? When it comes to GDP we get the bronze!

Yesterday we talked about how the American economy, despite all the euphoric headlines since the election, didn’t deliver much of a performance in the fourth quarter and in fact we saw the weakest full-year GDP growth rate since 2011 which was well below the U.K.’s 2016 growth rate of 2 percent. Today we learned that the Eurozone […]

read more »
China isn't the only country slowing

China isn't the only country slowing

China isn’t the only country slowing, as we are sure you’ve all been hearing, the global economy is slowing to a level that ought to make everyone pay attention. Earlier this month the International Monetary Fund (IMF) cut forecasts for 2015 yet again, projecting 3.1% versus its prediction in July for 3.3% and its April […]

read more »
Risk On?

Risk On?

This morning I spoke with Matt Ray on America’s Morning News about the recent market action. Are we back to risk on? Here is a bit more detail on our discussion. Equity markets have rebounded to an impressive extent after the recent correction, with the S&P500 less than 5% away from its all time highs, last […]

read more »
Market Update

Market Update

To say the markets have been volatile lately would be the understatement of 2015!  This year started out with the major U.S. indices trading in the narrowest range in history, something like Hitch’s (Will Smith) dance instructions for Albert (Kevin James) in the 2005 movie Hitch, if you haven’t seen it you owe to yourself […]

read more »
Germany and Greece: An Impossible Relationship?

Germany and Greece: An Impossible Relationship?

This morning the markets in Europe rose giddily on the belief that the problems with Greece were resolved, despite the bureaucrats insistence that they were in fact, not at all. By late afternoon in Europe, it had become clear that there was no resolution, but the talks continued. I swear I’ve had breakups that seemed […]

read more »
Shove It! A Greek Tragedy?

Shove It! A Greek Tragedy?

The headlines are once again dominated by the living Greek economic tragedy, vacillating between dire predictions of a Greek collapse and ensuing global financial calamity to ebullient, (and frankly rather ludicrous) stock market jumps of joy on hopes of a pseudo happily-ever-after. Conventional wisdom has been to lambast the Greeks with the usual damning triumvirate […]

read more »