Medidata Solutions [MDSO] earns a SELL consideration, much of the news media is talking about a global slowdown, the global economy is slower, but is it bad? Most discussions are pointed to trade wars, but export/import prices do not demonstrate increased prices and most manufacturers are distributing their production capabilities around the world while becoming less dependent upon China. Is that not a good move for longer term stability? Maybe my understanding of industrial management distribution logistic theory is rusty, but I was always taught to make sure your manufacturing and distribution was never critical path dependent. Maybe it is part of the New Economy – No profits and Destructive vulnerability. Good combination.
China continues to slow, Europe seems to be stuck in neutral, fears of escalating prices due to trade disruptions are not materializing while markets react to immediate conditions without long term views or information. It appears that many investors are creating movement, but no one is moving in a logical direction.