European Expansion

With Dutch Prime Minister Rutte’s defeat of Eurosceptic Geert Wilders, anti-euro populist Marine Le Pen’s chances of winning France’s upcoming presidential election at 19% down from 34%, European businesses reporting the best economic conditions in six years, and inflation at its highest level since 1/13, Europe is on the mend. Thus, the European Central Bank will further taper monetary stimulus when the current program expires on 12/31/17, maybe sooner!