Developed Markets

Fiscal Stimu-less?

09/14/2016

Global markets don’t need a surge of government spending to rise.

Brexit Boo-Hooing Seems Like a Bust

09/09/2016

More than two months after Brexit, the British economy marches on.

Manufacturers Made Some Stuff in July

08/02/2016

Global manufacturing seems to be picking up.

Think Global, Invest Global

07/12/2016

Despite recent US outperformance, a global strategy still provides many benefits.

Life After Brexit: The UK Economy

06/24/2016

While Brexit talks might hang over sentiment, the UK's economic fundamentals remain strong.

Britain Has Spoken

06/24/2016

The vote for "Brexit" rocked markets, but markets should ultimately prove resilient.

To Markets, the Brexit Vote Is Largely Over

06/08/2016

While question marks remain, markets have already dealt with most of the uncertainty over June 23’s vote.

The Global Economy Is Growing at Now, Now

05/26/2016

May’s data show a blooming world economy. 

Government or No, Watch Spain Grow

05/06/2016

Spain’s government takes a siesta, but the economy keeps on working.

Strong Services Sustain Britain

04/27/2016

Another UK GDP report, another round of worrying about the allegedly unbalanced UK economy.

Inside George Osborne’s Red Briefcase

03/16/2016

The red briefcase wasn’t the only symbolism in Britain’s budget.

Growth Makes the World Go Round

03/11/2016

The global economy is in better shape than most folks think.

Brexit Referendum Countdown Begins

02/22/2016

The referendum is on the calendar, but Brexit talk is still mostly noise as far as markets are concerned.

Japan Staggers Back Into Contraction

02/19/2016

Japan’s economic struggles aren’t surprising.

Japan: Rising Sun or False Dawn?

07/24/2015

Rekindled optimism over Japanese stocks seems premature.

Greece Is the Word, Not the World

06/19/2015

In the 99.8% of global GDP that isn’t Greece, evidence suggests economic expansion continues.

The ECB Would Gladly Pay You Tuesday for a Hamburger Today

02/26/2015

Will the ECB find enough bonds to meet its quantitative easing targets?

The Eurozone’s Underappreciated Improvement

02/10/2015

The eurozone economy has several little-noticed positives.

Economic Growth Seems Plenty Durable

01/28/2015

Do recent US and UK economic data show weakening growth?  

Now What?

12/16/2014

Did economic reform in Japan just become more likely?

About That Manufacturing ‘Slowdown’

10/02/2014

The latest factory surveys have folks chattering about a global manufacturing slowdown, but even if they’re right, stocks are pretty good at dealing with these things.

The Mythical Third Arrow

05/28/2014

Will Prime Minister Shinzo Abe ever get around to firing that “third arrow”?  

Meanwhile, Outside of Ukraine…

02/25/2014

While the world focused on the Ukraine and other political happenings globally, free trade talks took a step back.

Tracking the Third Arrow

09/10/2013

While Japanese policymakers and headlines debate a forthcoming sales tax increase, Abenomics’ Third Arrow has seemingly gone by the wayside.

One Quadrillion and Counting

08/13/2013

What should investors make of the news Japan’s gross public debt passed one quadrillion yen in Q2?  

Land of the Setting Sun?

06/14/2013

Japanese stocks’ sharp advance seems to have hit a rough patch.

A Big Surprise

05/28/2013

Global stocks are up nicely in 2013, but the year could still have big returns ahead.

Double Secret British Probation

03/28/2013

It’s the UK’s turn to release opaque results from their round of bank stress tests.

Words About Spain and Banks and Stuff

03/27/2013

While focus has been on Cyprus in recent weeks, some banking developments are underway in Spain.

Britain’s Bifurcated Budget

03/22/2013

Recent fiscal moves in the UK have been muddled, at best—contributing to banks’ continuing unwillingness to lend and the country’s still sluggish economy.

The Eurozone News Blues

03/14/2013

Overall global growth continues despite ongoing reports of eurozone weakness.

Greek Privatization Physics

03/12/2013

Seems like more of the same from Greece’s slow-moving and overpromising privatization agency.  

Youkoso, Kuroda-san?

02/26/2013

Word has leaked Japanese Prime Minister plans to nominate Asian Development Bank chief Haruhiko Kuroda to steer the Bank of Japan. What can we expect from the likely new chief?

Ireland Schools France

02/08/2013

In its quest for a cheaper euro, maybe France should consider one of its euro neighbors.

Checking in on Spain

01/17/2013

With economic competitiveness improving and sovereign yields staying manageable, Spain’s decision to reject a bailout seems to be working out ok so far.

Shinzo Abe’s Unstimulating Stimulus

01/15/2013

Japan’s new $117 billion stimulus package may provide a short-term boost, but it doesn’t address Japan’s long-running economic issues.

The Other Fightin’ Irish

01/10/2013

Ireland is getting ever-closer to returning to debt markets—setting it up for a potentially satisfying 2013-2014 season.

Do You Hear the People Sing?

01/01/2013

Thanks to France’s Constitutional Council, incomes over €1 million won’t be taxed at 75% in 2013, but President François Hollande may try again for 2014.

Gambatte Ne, Abe-san

12/18/2012

Japan’s new prime minister pledged to end his nation’s long-running economic funk, but his planned fiscal and monetary stimulus likely won’t combat Japan’s deep structural issues.

Report from the European Trenches

12/14/2012

The European Union appointed a banks regulator and the UK approved fracking.

Austerity in the UK?

12/06/2012

No matter the political hubbub that follows, Britain’s 2013 budget plans clearly show austerity is still a misnomer, at least in the UK.

Underappreciated Thursday

11/30/2012

Signs of underappreciated positives in the US and Europe.

Moody’s Muddled French Markets

11/21/2012

Economic reality doesn’t seem to have influenced Moody’s downgrade of France as much as political pressures likely did.

Greece Is the Word

11/13/2012

The latest on Greece’s aid negotiations.

A Look Around the Eurozone

10/30/2012

While the US hunkered down for Hurricane Sandy, Europe was plenty busy.

‘Doing Business’ With the World Bank

10/24/2012

The World Bank’s 2013 “Doing Business” report shows how some nations have—and haven’t—improved competitiveness over the past year.

Alba Gu Bràth!

10/16/2012

Scotland got clearance to hold a referendum on independence in two years. What does this mean for Scotland and the UK?

This One Goes to 11

10/10/2012

Eleven eurozone nations agreed to pursue a financial transactions tax—a misguided endeavor, in our view.

Europe’s One-Stop Shopping

10/04/2012

The European Commission proposed steps aimed at tightening the EU’s single market integration Wednesday—steps which, if successfully implemented, would likely do much economic good there.

The Brits’ Bureaucratic Business Banking Boost?

09/25/2012

The UK announced plans to create a state-backed development bank—a rather odd way to help boost lending, prompted by a rather odd bit of political theater.

Predictable Politicking

09/11/2012

The latest on Greek budget negotiations and Germany’s upcoming court ruling on the ESM.

OMG, OMT!

09/07/2012

The ECB announced new measures to protect the euro Thursday, which likely buy the monetary union more time—but still aren’t a silver bullet.

September to Remember?

09/05/2012

Neither market history nor current events should give investors an automatic reason to fear September.

Homage to Catalonia

08/29/2012

Catalonia’s bailout request provides a window to Spain’s fascinating history.

Ich Will Europa

08/24/2012

During the latest critical week for the euro, Angela Merkel makes a video and the Greek bailout renegotiations heat up.

P Is for Politicking, Progress and Portugal

08/07/2012

As Greece continues politicking over economic reform, Portugal demonstrates the benefits of getting more competitive.

Aphorism Tuesday

07/25/2012

Eurozone news dominated headlines again Tuesday. Here are the stories that caught our eye.

Spain, Spain, Spain

07/24/2012

Valencia became the first Spanish region to seek help from a new bailout fund—but, contrary to wide belief, it’s not the first region to get state help this year.

The Fighting Irish

07/06/2012

Ireland held its first debt auction in nearly two years Thursday—a significant step toward its return to primary markets.

Nineteenth Time’s the Charm?

06/26/2012

What NOT to expect at this week’s not-so-make-or-break EU summit.

Europoliticking

06/19/2012

All the latest on the Greek and French elections.

Staying Euro

06/15/2012

A brief update on Spanish debt and Greek elections.

Here Come the Men in Black?

06/12/2012

The skinny on Spain’s bank rescue agreement.

Midweek Mash-up: Chinese Monetary Moves, Greek Griping and Australian Growth

06/07/2012

A roundup of news Wednesday that caught our eyes.

A Spanish-German Compromise?

06/05/2012

As Spain and Germany debate how to support Spanish banks, there are signs a compromise is in the offing.

Fisher Investments View: The Greek Jitterbug

05/24/2012

Markets were jittery again Wednesday tied likely to Greek news—even though it wasn’t particularly new news.

Just You Wait, Henry Higgins

05/21/2012

Rising yields and mounting banking problems aren’t great for Spain, but a few key facts should help mitigate their impact.

Pulling the Eurozone’s Strings

05/18/2012

Surprisingly positive global economic news supports ongoing growth.

North and South

05/16/2012

The eurozone avoided recession (by one traditional definition) in Q1, giving leaders plenty to ponder as they weigh a new EU growth pact.

Grexit Strategy?

05/15/2012

In the wake of last week’s parliamentary election, Greek politics are getting a bit more bizarre.

German(e) Data

05/10/2012

Germany’s quietly notched some solid economic data lately—possibly hinting some at the eurozone’s and Europe’s likely course ahead.

Europe the Morning After

05/08/2012

A look at the French and Greek election results.

The EU’s Great Growth Debate

05/01/2012

As Spain officially re-enters recession, EU leaders debate how to stoke growth.

Crossing the Pyrenees

04/20/2012

Demand was strong at Spanish and French debt auctions despite jitters over Spain’s borrowing costs and France’s election.

British Pop

04/12/2012

Recent data show plenty of pop in the British economy.  

Japan, One Year Later

03/13/2012

One year after the Great Tohoku earthquake and tsunami, the Japanese economy is displaying its resilience.

The Great Greek Swap Meet

03/06/2012

An in-depth look at Greece’s ongoing private-sector debt restructuring.

Leaping to Conclusions

03/01/2012

Investors should beware allowing popular misconceptions and common media assessments to blindside them when it comes to assessing the economy’s and markets’ overall status.

A Spanish Sangria of Updates

02/17/2012

Recent Spanish bond auctions show ample coverage and sustainable yields. Looking ahead, because of persistently dour expectations, even mild positives should be a nice tailwind for stocks.

Tick Tock Goes the Clock

02/09/2012

Greek debt talks are down to the wire. But what does that mean?

These PIIGS Went to Market

02/03/2012

A look at falling Italian and Spanish debt yields.

A European Spectacle

01/31/2012

At EU leaders’ first 2012 summit, officials jousted over Greek funding and the new fiscal compact.

Eurozone Resilience

01/25/2012

Recent data seemingly speak to a more resilient eurozone economy than many appreciate.

Dancing About Europe

01/10/2012

A survey of the eurozone’s latest.

Weighing Italy’s Debt

12/13/2011

An alternate perspective of Italy’s debt costs shows today’s levels are low by historical standards.

The Battle of the (Budget) Bulge

12/12/2011

The EU summit came to a close on Friday. And what emerged was another demonstration of the will to back the euro.

Lowering the Euro Curve

12/09/2011

Measures enacted by the ECB Thursday are far from a cure-all to fix the eurozone’s copious issues—but they do represent incremental steps to add liquidity at a time when it’s perceived to be much needed.

Differentiate Before You Downgrade

12/07/2011

S&P placed 15 eurozone countries and the EFSF on credit watch negative Monday—but that ignores significant variety among European countries, in our view.

Technoplans From Italy’s Technocrats

12/06/2011

Italian Prime Minister Mario Monti announced tough new austerity measures and 10-year yields fell below 6%.

Much Ado About Nothing New

11/18/2011

Although investor angst over Europe remains high, market volatility on Thursday was driven more by fears than any new or surprising developments.

Taxation and Competitiveness 101

11/17/2011

Tobin Tax rhetoric heated up between Germany and Britain Wednesday—a debate that’s a bit of a head-scratcher, in our view.

Transatlantic Economics Tuesday

11/16/2011

In economic news Tuesday, eurozone GDP grew modestly, US wholesale inflation was tame and US retail sales grew again.

Molto Mario?

11/15/2011

A look at what’s in store for Italy’s new Prime Minister, Mario Monti.

Midweek Mash-up

11/09/2011

Euro politics dominated headlines again Tuesday, but eurozone musical chairs wasn’t the only story. Here’s a look at what news caught our eye.

Mediterranean Musical Chairs

11/08/2011

The latest on Greece and Italy.

Don’t Bank on the Big Bang

10/18/2011

Germany tempered the world’s expectations for an overnight eurozone fix, keeping with the gradual approach we’ve seen thus far.

Planfully Planning a Plan

10/11/2011

Nicolas Sarkozy and Angela Merkel have a plan to keep the eurozone intact, but they won’t share it until month’s end. 

What Matters in Greek Chatter?

09/27/2011

We survey the latest Greek headlines and sift between those stories with substance…and those without.

Eyeing Ireland

09/20/2011

Ireland and Greece were both bailed out in 2010. But the similarities don’t go much further than that.

From Whispers to Murmurs

09/13/2011

Amid heightened rumors of a Greek debt default, a look at Monday’s flurry of Greece-centric headlines.

Politicking and Progress in Europe

08/30/2011

While debate over EFSF changes continues, Greece appears to be making some small headway.

Resetting Expectations

08/29/2011

There are two ways to think about recent market negativity—forward or backward. Let’s consider both.

Volatility, Continued

08/10/2011

Stocks seesawed wildly Tuesday, finishing the day solidly in the black.

After the Downgrade

08/09/2011

Global markets experienced a sell-off Monday, as investors contended with S&P’s US credit rating downgrade and the ECB’s Spanish and Italian debt purchase plans.

Corrective Action

08/05/2011

Understanding and separating the negatives from the positive realities can help guide your investing decisions.

Fisher Investments Outlook: The Plot Thinnens?

07/12/2011

The plot surrounding eurozone debt issues continues to unfold—but are things becoming more complex or less?

Catching Wild Pitchers

07/07/2011

Moody’s downgraded Portugal Tuesday—but that’s not a huge surprise. Overall, Europe’s indicated they have the means and the desire to backstop struggling eurozone countries.

Spend and Trade

06/29/2011

Though positive global developments are getting short shrift, they do exist today.

As the World Changes (Or Not)

06/22/2011

The world isn’t likely to get any less globalized, so shift your investment focus to global first and local second.

PIIGS Political Posturing

06/21/2011

Negotiations over Greece’s bailout took three steps forward on Friday —but two steps back on Monday.

One Lord to Rule Them All

06/07/2011

It seems no one is happy about the pace of anyone else’s financial regulation—the EU thinks the US is too slow and vice versa.

On Economic Calls and Data

05/26/2011

The OECD’s biannual report Wednesday indicated global recovery’s on track, though threats remain. What should investors take from such forecasts?

A Bump in the Road

05/23/2011

Individual countries may hit economic bumps in the road to recovery, but on the whole that shouldn’t stop the positive forces propelling the global economy forward.

Greek Theater

04/27/2011

The PIIGS spotlight swings back to Greece amid talks of Greek debt restructuring.

Level 7, by Label Only

04/13/2011

The Fukushima nuclear accident was upgraded to level 7—on par with Chernobyl—but that’s likely where the similarities end.

Eurozone Power Plays

04/05/2011

Recent local elections suggest gridlock is taking hold in Europe.

EFSF Still TBD

03/18/2011

Lost amid the headlines, eurozone officials made positive strides in overhauling bailout fund terms—but there’s still plenty of work to do.

What Portugal Portends

03/11/2011

European banking and debt woes are a ways off from a more permanent resolution, and as politicians work on refining one, transparency and clarity are advisable.

Greek Prologue

03/07/2011

Greece’s credit rating took another hit Monday—but what’s really news is what’s happening in the rest of the eurozone.

When 777.7% Doesn’t Equal Growth

02/22/2011

Japanese protectionism plays a large role in the country's economic malaise. But reforms—including greater openness and free trade—could help buoy economic growth.

Vaguely Inconclusive

02/08/2011

The EU held an economic summit last week—but concrete results were lacking, with dissent across the board.

Iberian-Induced Anxiety

01/14/2011
Despite successful auctions by Portugal and Europe's periphery, sovereign debt fears remain. However, the worst-case scenario—a disorderly EMU breakup—remains unlikely in 2011.

On an Up Note

01/04/2011
2010 looks to have ended on an economic up note.

Pain in Spain, But Gains in US

12/16/2010
PIIGS fears remain in headlines, but US economic data are encouraging.

Astonishingly Average

12/03/2010

The eurozone is on track to post an average year of economic growth.

Revealing a Non-Secret

12/02/2010
Little attention seems to be paid to expanding manufacturing activity globally—and that could be good news for investors.

The (Un)Luck of the Irish

11/15/2010
In the aftermath of a larger-than-average decline in recession, Irish debt woes have compounded a difficult economic situation on the Emerald Isle—but help is there if needed. 

No Pain, No Gain for Ye Olde Brits?

10/21/2010
Will big British spending cuts bring down its public deficit without bringing down the economy?

Yen-tervention

09/16/2010
Japan intervened in currency markets to help its exporters—but will intervention have the desired results?

Prost!

08/16/2010
Cheers to fast German economic growth washing down fears of a European-driven double dip.

Releasing Less Stress

07/26/2010
Step off the treadmill and remove the EKG—the stress test is over.

Dear Prudence

07/21/2010
Though austerity has its risks, a balanced perspective shows the measures taken could have long-term benefits.

A Chicken Little Sort of Day?

06/30/2010
Is the sky really falling, or are other forces playing a role in stocks' recent pullback?

We’re Not Out of the PIIGS Pen, Yet

06/15/2010
Though Greece continues to rattle, market jitters over PIIGS could be short-lived.

We’re Okay, Euro Okay

06/08/2010
German industrial activity shows not all is bleak in the eurozone.

Dear Chancellor

05/19/2010
The BoE has some explaining to do, but inflation is not a global worry yet.

C’est Un Bazooka

05/11/2010
The EU unleashed a bazooka-sized rescue package on Sunday.

A Tale of Two Bonds

04/26/2010
Recent US-dollar bond offerings by Russia and Greece illustrate the uneven nature of economic recovery.

Timing (Isn’t) Everything

03/22/2010
Global markets seem to be back on track after the early 2010 pullback. But expect volatility ahead—it's only normal.

Euronomics

01/20/2010
The European economy overall continues to show signs of recovery.

A Race We All Win

01/19/2010
It's easy to think the developed nations make the world go round—but don't discount the up-and-comers.

Yields Signs

12/15/2009
The US yield curve steepened to its biggest spread in decades last week—bullish for economic growth.

Jobs Report, Sarbox, and Japan Post

12/07/2009
The world is full of rotating characters, and some acts have more power to move markets than others.

The Talented Mr. Van Rompuy

11/24/2009
Besides a talent for haikus, what will the new EU president bring to the table?

Paying for the Bailouts

11/10/2009
The financial crisis appears to be over, but thanks to onerous regulations and political scrutiny, Financials' woes aren't.

Not Just Debt Weight

10/27/2009
Worried about today's high government debt? History shows we're still well within manageable levels.

Here Come the Irish!

10/06/2009
Irish voters overwhelmingly approved the Lisbon Treaty—after saying "no” to the treaty last year.

What’s Brewing in Germany

09/29/2009
The German parliament is set to shift toward a business-friendly, center-right majority. But the status quo, not significant change, is probably what's brewing.

Chip, Chip, Hooray

09/01/2009
Global semiconductor sales climbed for the fifth month in a row—a confirmation of Tech's stock outperformance so far this year.

Sayonara, LDP?

08/25/2009
If current polls are correct, Japan may soon be saying sayonara to its long-ruling Liberal Democratic Party.

Reading Rainbows

08/04/2009
Positive manufacturing readings across the globe are welcome signs.

Small Potatoes

05/22/2009
The UK risks losing its AAA sovereign credit rating due to rising public debt, but worrying over credit ratings is small potatoes next to righting the economy.

Eastern European Finger Trap

02/24/2009
Pressure is tightening on Western European banks as investors pull capital out of Eastern Europe.

Hop, Skip, and Jump

02/06/2009
What's the right pace for monetary stimulus? The answer is not yet certain, though it's likely a severe financial crisis needs an aggressive response.

Easing Goes It

10/17/2008
Tight credit conditions have eased lately—a little-noticed fact.

Fighting the Financial Crisis

10/09/2008
Central banks and governments around the world have taken up the call to arms.

An Uncertain Panic

10/07/2008
Markets proved volatile as governments around the world took action

A Midsummer Night’s Dream

07/08/2008
The annual Group of Eight summit will likely amount to little more than illusions.

The Industrials Evolution

04/04/2008
Industrials are among the unsung heroes of today's global economy.

Outback Ouster

11/26/2007
Australia's new leader, Kevin Rudd, talks a big game of change and reform, but when the political dust settles, expect the status quo.

A Government Sponsored Bank Run?

11/09/2007
In a bizarre twist of irony, the British government exacerbated credit problems by blocking a merger between banks earlier this year. The episode underscores both the perils of government intervention and the gross misunderstanding of today's so-called "credit crunch.”

Hail to the Tax Cuts

10/11/2007
Big proposed tax changes and political turmoil in Britain may turn out to be a tempest in a teapot. A simpler tax system may be in the cards for Britain, but British politicians have a long time to foul up positive proposals.

Britain Rocked

09/17/2007
Troubled British lender Northern Rock isn't evidence of systemic woes in Britain or elsewhere.

Is the LDP DOA?

07/30/2007
Japan's ruling Liberal Democratic Party suffered a stunning defeat in the upper house election on Sunday, giving up control in the chamber to the opposition Democratic Party of Japan. What does it mean for global stocks?

Abe on the Outs?

06/25/2007
Political turmoil returns to the world's second largest economy.

Going Postal

04/11/2007
SAT analogy question pop quiz: Postal Service is to Japan as _________ is to the United States.

Japanese Businesses (Finally) Pay the Taxman

09/19/2006
The Japanese government is going to have a fat wallet.

Subscribe

Get a weekly roundup of our market insights.Sign up for the MarketMinder email newsletter. Learn more.