Mexico: OECD Survey 2017

This survey includes an excellent assessment of the achievements and shortcomings of Mexico's ongoing reform program.  The report provides also a comprehensive anaysis of how Mexico has become an important actor in the global maunfacturing supply chain.  This will be a crucial issue in assessing what is at stake during any NAFTA negotiations. Mexico-2017-OECD-Survey

European Inflation Declines in March

The fall in March CPI inflation is welcome news to the ECB.  The decline indicates that the recent rise in prices was fully the result of higher energy costs.  This news will allow the ECB to remain on hold this year.  Low inflation, a cyclical economic acceleration,  and easy monetary conditions point to higher equity … Continue reading European Inflation Declines in March

Eurpean PMI Confirms Economies Pick Up Steam

The March PMI release confirms that the European economy has accelerated since last summer.  Stronger growth, low inflatio, and continued monetary accomodation supports the case that European equities will outperform the USA. http://www.tradingeconomics.com/euro-area/manufacturing-pmi