Are managers more bullish on the UK and Europe?

THE BIG QUESTION

clock • 8 min read

We ask industry figures how weak US growth figures have affected their views on the UK and Europe.

Jeremy Tigue, manager, Foreign & Colonial Investment Trust Growth in the US has been weaker than expected but the US economy is still growing faster than Europe. Pretty much all of the growth in Europe currently is as a result of the weak euro rather than domestically generated growth. If the euro should strengthen and the dollar weaken, that would stifle growth in Europe quite quickly and would benefit the US economy. The US went into recession before Europe and consequently came out earlier. It has been stalling a bit in recent times, as was to be expected. But if the US stalls, there...

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