Welcome!

Cognitive Computing Authors: Yeshim Deniz, Pat Romanski, Liz McMillan, Jason Bloomberg, Elizabeth White

News Feed Item

"Made In The USA" Is Back

Why the Bull Market Stampede Continues

LOS ANGELES, Jan. 10, 2014 /PRNewswire/ -- The big story of 2014—and beyond—may well prove to be the very same big story as 2013. Research Analysts at RVW Investing LLC, a Los Angeles-based wealth management firm, point to what they call the American Manufacturing Renaissance as one of the key reasons to be bullish going forward. "Made in the USA"—a term that was written off just five years ago—has come back slowly but steadily. Investors have followed suit by revaluing American industrial companies, and driving a surge in profitability and valuations of petroleum and U.S. manufacturing companies. This run-up promises in turn to accelerate the nation's recovery from the global financial crisis. "There are several reasons for the great bull market of 2013 and why it shows every sign of continuing this year and beyond," says Selwyn Gerber, chief strategist and founder of RVW. "But the most frequently overlooked of these reasons is the remarkable renaissance of American manufacturing."

Due to a combination of structural advantages and timely macroeconomic developments, the U.S. has recovered faster and now is growing faster than other developed countries. For perspective, consider that the U.S. counts for roughly 5% of the world's population, but its Gross Domestic Product represents roughly 22% of the world's GDP. Add to that the fact that the U.S. stock market represents nearly half of the world's stock market value.

RVW analysts report that the three key drivers of this current growth are low energy costs, a culture of innovation and entrepreneurial spirit, as well as a growing and well-educated population:


ENERGY:

The historical worry that America's voracious energy demands pose economic risks that limit growth has never been less true. Thanks largely to fracking technology, U.S. domestic production of natural gas and oil has been ramping up (not down). In fact, in the next few years, the U.S. is expected to surpass Saudi Arabia as the world's top oil producer. As a result, U.S. energy costs are often a fraction of its competitors, allowing the U.S. to become the lowest cost producer for many products.





A CULTURE OF INNOVATION:

Major U.S. companies remain the most recognizable and desirable brands in the world. The top nine most valuable global brands (according to BRANDZ, the world's largest brand equity database) are U.S.-based companies. Apple and Google dominate their fields and are respected technology leaders, while people around the world drink Coca Cola and eat at McDonald's.





A WELL-EDUCATED POPULATION:

While many countries' populations are contracting, the United States is still relatively young and growing, largely thanks to immigration. The world's top students continue to flock to America's universities, and people from around the world seek to come to the U.S. because they see an opportunity to improve the lives of their families. From 1901-2012, a remarkable 350 of 853 Nobel prizes went to individuals residing in the United States.

Even the optimists, though, cannot ignore the fact that the global financial crisis left many scars. Many U.S. investors have taken a cautionary stance and are still underweight in U.S. stocks. A recent poll found that 59% say things are going badly in the economy (less than a quarter said conditions are improving). Even though U.S. stock markets have more than fully recovered from the crisis, RVW analysts believe U.S. stocks are going much higher, and that the great American recovery is continuing to gain speed and momentum.

TAURUS REIGNS SUPREME - WITH SPEED BUMPS ALONG THE WAY

Recovery from the global crisis is certainly not complete. Corporate earnings are strong and growing, but jobs remain scarce. For the moment, the country is stuck in a two-speed economy with consumers struggling while Corporate America booms.

Most technical indicators point to growth. De-leveraging held back spending in recent years, but debt is expected to be less of a drag going forward. U.S. housing is rebounding from the collapse, which has improved homeowners' balance sheets.

While many had feared the U.S. Federal Reserve's "taper" of quantitative easing, that has turned out to only cause a minor blip because inflation and interest rates are low and are likely to stay low. As of November 2013, annual U.S. consumer price inflation was just 1%. The U.S. dollar remains the world's reserve currency (the Euro, once thought to be a challenger to the title, is currently little threat), and foreign investors still favor the U.S. for their investments.

Many believe this recovery is healthier because it is being led by the industrial sector rather than by consumer spending. Organizations tried to stay lean during the crisis, so the average age of fixed assets used in manufacturing necessarily rose. Therefore, upgrading is needed and increased investment and capital spending on manufacturing equipment should provide additional growth. Many recent projections from the captains of industry accordingly call for increases in revenues, profits, employment, and spending in coming years.

To really appreciate the untapped potential of the American economy, it's crucial to understand that the world is currently experiencing the third great Industrial Revolution. The first revolution (roughly 1750-1830) included James Watt's steam engine advances, plus farming and textile improvements. The second revolution (roughly 1870-1900) included Thomas Edison's invention of the light bulb, the adoption of electricity, the internal combustion engine, and running water. Our current third revolution began roughly in the 1970s with Intel's microprocessors and advances in silicon. This revolution (including advances in computers, the internet, mobile phones, and social networks) is impacting the costs and efficiency of businesses of all sizes.

RVW analysts point to legendary investor Warren Buffett, who argued recently that the U.S. isn't an economic powerhouse because Americans are smarter or work harder. Rather, the key to U.S. economic success is its democracy and capitalist economy. Buffett noted, "We have a system that unleashes potential, and it's just starting."

Mr. Gerber concludes that the fundamentals are in place for last year's manufacturing renaissance to continue to thrive through 2014. He adds that, even though inevitably there will be some dips, "Investors who still think it's 2008 do so at their own financial peril."

www.RVWinvesting.com  phone: +1-310-945-4000

SOURCE RVW Investing LLC

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and ...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
"We are a well-established player in the application life cycle management market and we also have a very strong version control product," stated Flint Brenton, CEO of CollabNet,, in this SYS-CON.tv interview at 18th Cloud Expo at the Javits Center in New York City, NY.
It is of utmost importance for the future success of WebRTC to ensure that interoperability is operational between web browsers and any WebRTC-compliant client. To be guaranteed as operational and effective, interoperability must be tested extensively by establishing WebRTC data and media connections between different web browsers running on different devices and operating systems. In his session at WebRTC Summit at @ThingsExpo, Dr. Alex Gouaillard, CEO and Founder of CoSMo Software, presented ...
Most people haven’t heard the word, “gamification,” even though they probably, and perhaps unwittingly, participate in it every day. Gamification is “the process of adding games or game-like elements to something (as a task) so as to encourage participation.” Further, gamification is about bringing game mechanics – rules, constructs, processes, and methods – into the real world in an effort to engage people. In his session at @ThingsExpo, Robert Endo, owner and engagement manager of Intrepid D...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
Michael Maximilien, better known as max or Dr. Max, is a computer scientist with IBM. At IBM Research Triangle Park, he was a principal engineer for the worldwide industry point-of-sale standard: JavaPOS. At IBM Research, some highlights include pioneering research on semantic Web services, mashups, and cloud computing, and platform-as-a-service. He joined the IBM Cloud Labs in 2014 and works closely with Pivotal Inc., to help make the Cloud Found the best PaaS.
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution. In his session at @ThingsExpo, Akvelon expert and IoT industry leader Sergey Grebnov provided an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abilit...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...