I am convinced that 2014 will go down in history as the year the European economy rose from the ashes. #-ad_banner-# Many nations in the European Union are showing signs of recovery after a prolonged economic slowdown. These slowly improving economies create profitable opportunities for savvy investors. The question is: What’s the best way to position your portfolio to capture profits from the nascent recovery? The answer lies in the United States’ financial crisis and recovery. While it isn’t likely that the European recovery will be as sharp and rapid as that of the U.S., powerful investing guidance can… Read More
I am convinced that 2014 will go down in history as the year the European economy rose from the ashes. #-ad_banner-# Many nations in the European Union are showing signs of recovery after a prolonged economic slowdown. These slowly improving economies create profitable opportunities for savvy investors. The question is: What’s the best way to position your portfolio to capture profits from the nascent recovery? The answer lies in the United States’ financial crisis and recovery. While it isn’t likely that the European recovery will be as sharp and rapid as that of the U.S., powerful investing guidance can be gleaned by studying what happened in the U.S. stock market during its dark days and recovery. First, let’s take a brief look at the European economic picture. In this year’s second quarter, the 17 countries comprised in the eurozone had collective economic growth of 0.3%. That doesn’t sound like much — until you look at it in context. This is the first overall positive signal since 2011, and its importance is magnified by the fact that the Markit manufacturing purchasing managers’ index has remained above the critical 50 level through October. (I discussed the significance of PMI as a… Read More