Europe on Sale!

We’ve all come across this common tourism message. During this decade, it applies to European stock markets, too. Investors avoided European equities and for solid reasons:  rolling crises, no growth, negative interest rates, and a dearth of political leadership. As a result, a yawning, historically wide gap opened between American and European market valuations. So, […]

The Economy Leads Markets, Not Elections.

Our good friend, Richard Bernstein, recently published an article about the impact of a stronger economy on the financial markets over the last year.  Many investors are troubled by the issues inside the Beltway in Washington, DC and the risk of policy mistakes to financial markets.   Bernstein’s article resonates the point we wrote about […]