Focused Only On The US? Here’s What You’re Missing

Many investors remain fixated on what’s happening in the United States -- and particularly on what the Federal Reserve will do -- but Russ explains why they shouldn’t lose sight of what’s happening abroad.

Many investors remain fixated on what’s happening in the United States, and particularly on what the Federal Reserve (Fed) will do, but they shouldn’t lose sight of what’s happening abroad.

In fact, while last week provided little news about the US economy and much speculation about the timing of Fed tapering, it did give us more evidence that both the European and Chinese economies appear to be stabilizing.

As I write in my new weekly commentary, this came in the form of a slew of better-than-expected data from those markets – including a big jump in the UK services sector, a significant improvement in German manufacturing and a surprisingly strong Chinese industrial production report.