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 [...]

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