Do not write off the US just yet

NORTH AMERICA

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Tom Walker, fund manager at Martin Currie, looks at what is in store for those investing in North America in 2011.

The past year was a strange period for investors in North America. Throughout 2010, the US stock market was jittery, as the threat of the dreaded ‘double dip’ loomed large. But despite all the fear, the market actually performed well, rising almost 20% in sterling terms. So, a nervous period has, ultimately, rewarded those investors who held their nerve. And 2010’s gains built on the progress made in 2009, when confidence grew that America was emerging from recession. So, with two good years under our belt, what should we expect from the US in 2011? There is still a fair bit of econom...

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