Transcript of 3rd Quarter Wrap Up is now available to Subscribers!
Subscribers: Click to download/view the Transcript.
Also find it in the blog post; at the Subscriber Resource Page, and in the Solari Report Archives.
From the transcript:
Catherine: Every year we do a poster for the year, and our poster for 2012 was a picture of a young child holding a sign, “the beginning is near.” And it’s a takeoff on the old saying “the end is near” with a prophet with a long beard. So instead of saying “the end is near,” we’re saying “the beginning is near.”
Our wrap-ups are when I step back and look at what has happened which is important in the last quarter, and then take a look at the trends that we talked about in the annual wrap-up, and if you haven’t seen the transcript we did for our January annual wrap-up, it’s quite good so I would encourage you to take a look at it.
I spent the second quarter in North America, and I spent the third quarter both in the Midwest and in Montana and then down into Texas and out in California, looking at the new world that’s growing in North America. You’ve heard me say many times there’s an old world that’s dying and there’s a new world that’s being born. And so I very much wanted to look at the new world being born and the strength of the North America economy, which surprised me this year – we had the North America equity markets very strong and the emerging markets consolidating. So this was not the year to spend the time that I want to in the emerging markets, given the current trends of the markets. I expect next year to be much more in Asia and Latin America. But the third quarter was very much a North America experience for me. Let me talk about the important events.
If you subscribe to The Solari Report now, you have access to the full archive of Solari Reports including audio files and resources!
