Careers

07:57 AM
Connect Directly
Facebook
LinkedIn
RSS
E-Mail
50%
50%

Europe Rebounds, But Greece Remains Awful

Alexander Fleiss, chief investment officer for Rebellion Research, gives his insights on economic data from 52 countries.

Europe is still showing a rebound as the data continues to improve. The turnaround in European manufacturing has spread from Germany to Switzerland, France and Italy. Sadly, our readings on the Greek economy remain awful. Greece must keep getting support from its larger European Union sister states.

India's infrastructure build-out has started gaining steam again and we are seeing some positive signs out of the Chinese consumer. A turn in China would be extremely beneficial to the world, especially Latin America. Latin America has already started seeing some benefits from the jump in industrial and copper demand. Even Argentina's consumer has started to show life recently.

We are seeing a fragmented recovery out of the United States. Housing is definitely leading the charge, which bodes well for the long-term strength of the overall economy. Real Estate is helping a number of other industries with its rise, including home furnishings, basic materials, industrial equipment and specialized tools.

Meanwhile, the hotel industry is also seeing increased demand, as are casinos, which is having a positive affect on gaming. General leisure spending in the US is increasing significantly in a number of areas, including recreational vehicles and sporting goods. On the negative side, we continue to remain skeptical of US Government debt and we would prefer to look towards a higher paying Ohio or California municipal debt and corporate debt from the financial sector.

Alexander Fleiss serves as Chairman and Chief Investment Officer of Rebellion Research Partners LP, a Global Macro hedge fund and financial advisory that invests across all asset classes and is based in New York. Mr. Fleiss also oversees the firm's institutional research ... View Full Bio
Comment  | 
Print  | 
More Insights
More Commentary
Voice Biometrics Improve Transaction Monitoring Fraud Detection
Why voice biometrics should be a part of your fraud prevention strategy in the call center.
Fintech Fast Forward 2015
What will shape the future of Fintech in 2015 and beyond?
Look Deeper at Business Connections
When a business person or practice crosses the line, what should a professional do?
Big-Data Analytics & Cloud: The Perfect Storm
Most signs are pointing to a big increase in investment in big-data analytics and cloud in the coming year.
Verifying Behavior, Not Input, to Detect Sophisticated Attacks
Understanding how users interact with the touch points with biometric information is an increasingly important part of digital security.
Register for Wall Street & Technology Newsletters
White Papers
Current Issue
Wall Street & Technology - Elite 8, October 2014
The in-depth profiles of this year's Elite 8 honorees focus on leadership, talent recruitment, big data, analytics, mobile, and more.
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.