While many believe the U.S. is losing manufacturing jobs to China, the exact opposite seems to be happening. Jeffrey Rothfeder reports on the phenomenon of “reshoring” and what it may mean for the U.S. job market. Those investors anxiously waiting to see if the Federal Reserve will raise interest rates again will be watching Fed Chair Janet Yellen’s news conference tomorrow. Martin Crutsinger writes for U.S. News about whether we should expect a rate increase. Those who own AAA sovereign bonds may not be aware of the extraordinary risk posed by the increasingly negative interest rate world. Bill Gross of Janus Capital describes what he sees as the secret to successful investing given our evolving monetary system.

Manufacturing Jobs In The U.S. Are Actually On The Rise–  Global manufacturing is trending in a positive direction for the U.S.  Factory jobs are on the rise here, and many of these new jobs are coming back to North America from China, which is struggling to maintain its manufacturing capacity.  Read more…

Fed’s Outlook On Economy And Markets Will Be Scrutinized– Most Federal Reserve watchers think the central bank wants more time to assess the financial landscape before making a decision to raise interest rates.  Resuming its rate hikes too soon could slow growth or rattle investors again. In a policy statement and a news conference Fed Chair Janet Yellen is scheduled to give Wednesday, she will likely give a nod to improvements since the Fed’s January meeting, but also stress the uncertainties that still loom. Read more…

Bill Gross: Low Or Negative Interest Rate Strategy For Investors–  Bill Gross, formerly of PIMCO and now at Janus Capital, writes about the current economy and interest rates.  He discusses the negative interest rate world that poses extraordinary risk for AAA sovereign bonds.  He believes the secret is to (1) keep bond maturities short and (2) borrow at those attractive yields in a mildly levered form that provides a yield (and expected return) of 5-6%. Read more…

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John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller

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