AUTHOR: TOWNE SCHERER.COM 05/01/2015: Towne Scherer Private Wealth Management BLOG: “Europe gets the nod,” unseating the U.S. as the best place to invest for the first time since at least 2009, according to a Bloomberg survey of financial professionals. On the other hand, RiverFront Investment Group believes “the H-share dominated MSCI China Index is still reasonably valued and likely to remain in a bull market trend for the foreseeable future.” According to MarketPulse, OPEC's Secretary-General Abdulla al-Badri believes that oil prices have “already hit bottom,” reporting that “he sees a real possibility that oil prices could explode higher to upwards of $200 per barrel in the future.” And then, according to a Reuters’ report, there is the IMF reviewing their reserve currencies later in this year which may have an effect on the U.S. Dollar. Nevertheless, we must also consider the continuing saga of the Federal Reserve Bank potentially increasing interest rates and the broad effects this may have on the markets. And, ever in the news, ISIS has now posted Twitter photographs allegedly taken in Italian cities, including Rome, accompanied with threatening messages, Reuters/Stringer (R/S) reported. However, the pictures have not been authenticated as of this writing. Interestingly, Millennials, better known a young people, of all people, reports ABC News, support sending ground troops for a military campaign against ISIS. Apparently, when you get in the Millennials’ kitchen with something like Twitter, it is not a far reach to suggest that…they are ready to r-u-m-m-m-ble!
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