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
IMF World Economic Forecasts
Attached is the IMF's forecast in their April 2017 World Economic Outlook imfweo417rev
CBO: Assessment of the AHCA
https://www.cbo.gov/publication/52486 The CBO' s assessment that the ACHA would significantly reduce health care coverage and increase government spending had an important impact on Congress's decision to reject the plan.