Consider underweighting stocks with a significant revenue base in economically troubled European countries. The S&P 500 Index closed at 1402 on March 15, 2012, the first time the index closed above 1400 since June 5, 2008.1 The latest upward progression began in October 2011 when the debt crisis in Europe showed signs of receding and [...]
Tag Archives | Europe Economy
Europe agrees on EFSF, Seeks Deeper Union: Reports
photo credit: timsnell Germany, France study ways to deepen fiscal union European officials have agreed on how to leverage a key rescue fund, while Germany and France are looking at how to deepen fiscal integration in the euro zone, according to news reports. Finance ministers from the euro zone were slated to meet Tuesday [...]
Diverging Economic Data from Europe and the U.S.
The diverging economic data between Europe and the U.S. was underscored in recent days. The U.S. economy expanded at a 2.5% annualized rate in Q3. And early indications for Q4, including ISM, regional surveys, the strongest auto sales in eight months and the employment data, are constructive. To be sure, the data does not point [...]
About PPS Advisors
The PPS Advisors Team is led by Larry Passaretti, Managing Director. Larry has over 25 years of financial investment planning experience.
