I want to get your take on what we might see for the rest of the year. Where are we in term of markets and investinged today from your standpoint . Sure. The Global Economy has been slowing now for about 18 months, and what i mean is leading indicators of Economic Activity have been losing momentum, and thats a had a big impact on where leadership is, has been within the market. So, for example, a year and a half ago value stocks were doing really well leading the market, and over the past year it became growth leadership, and recently more defensivelydriven equity market with utilities and staples outperforming. This is all the sign of a global slowdown that is continuing and we think has another 69 months left before we see an improvement. Maria what should we be looking at in terms of the most important metrics . I know we had the purchasing managers indexes earlier this year that really educated in term of giving us an insight into where the weakness was. It was manufacturing. Also
Negative, and youve been right. I want to get your take on what we might see for the rest of the year. Where are we in term of markets and investinged today from your standpoint . Sure. The Global Economy has been slowing now for about 18 months, and what i mean is leading indicators of Economic Activity have been losing momentum, and thats a had a big impact on where leadership is, has been within the market. So, for example, a year and a half ago value stocks were doing really well leading the market, and over the past year it became growth leadership, and recently more defensivelydriven equity market with utilities and staples outperforming. This is all the sign of a global slowdown that is continuing and we think has another 69 months left before we see an improvement. Maria what should we be looking at in terms of the most important metrics . I know we had the purchasing managers indexes earlier this year that really educated in term of giving us an insight into where the weakness
I want to get your take on what we might see for the rest of the year. Where are we in term of markets and investinged today from your standpoint . Sure. The Global Economy has been slowing now for about 18 months, and what i mean is leading indicators of Economic Activity have been losing momentum, and thats a had a big impact on where leadership is, has been within the market. So, for example, a year and a half ago value stocks were doing really well leading the market, and over the past year it became growth leadership, and recently more defensivelydriven equity market with utilities and staples outperforming. This is all the sign of a global slowdown that is continuing and we think has another 69 months left before we see an improvement. Maria what should we be looking at in terms of the most important metrics . I know we had the purchasing managers indexes earlier this year that really educated in term of giving us an insight into where the weakness was. It was manufacturing. Also
Job. Thats a big if, frankly the fed should be cutting. I would say they should say at a minimum 100 basis points. Over a period of time. Not at one time but over a period of time well, im not talking about doing anything at this moment, but indexing is something that a lot of people have liked for a long time. And its something that would be very easy to do. A lot of people have been talking about indexing for many years. And its something that i am certainly thinking about i can say a majority of people they like indexing its something im thinking about. Payroll taxes ive been thinking about payroll taxes for a long time whether or not we do it now or not is its not being done because of recession were legitimately, if we had a cut in Interest Rates by the fed, if they would do their job properly and do a meaningful cut, because they raised toovz, you would see growth like youve never seen in this country if you go from the election, the great november 8th day, if you go from novembe
Negative, and youve been right. I want to get your take on what we might see for the rest of the year. Where are we in term of markets and investinged today from your standpoint . Sure. The Global Economy has been slowing now for about 18 months, and what i mean is leading indicators of Economic Activity have been losing momentum, and thats a had a big impact on where leadership is, has been within the market. So, for example, a year and a half ago value stocks were doing really well leading the market, and over the past year it became growth leadership, and recently more defensivelydriven equity market with utilities and staples outperforming. This is all the sign of a global slowdown that is continuing and we think has another 69 months left before we see an improvement. Maria what should we be looking at in terms of the most important metrics . I know we had the purchasing managers indexes earlier this year that really educated in term of giving us an insight into where the weakness