'Tremendous', 'lukewarm', 'improving': Global managers on US

US

clock • 5 min read

Joanna Faith talks to managers about the US recovery.

The US economy’s recovery was buoyed by a string of positive indicators recently. Notably positive were US payroll results on 2 March, which prompted the chairman of Goldman Sachs Asset Management, Jim O’Neill, to say there will be a renewed rally in US equities. Manufacturing and employment figures have also improved. However, there have been several false dawns for the recovery from the 2008 recession, so is the US really out the water? James Thomson, manager of the Rathbone Global Opportunities fund Any question regarding the US economy, can no longer ignore the impact of inflati...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on US

US adds just 12,000 jobs as unemployment rate remains unchanged
US

US adds just 12,000 jobs as unemployment rate remains unchanged

Significantly below expectations

Sorin-Andrei Dojan
clock 01 November 2024 • 2 min read
Portfolio managers take defensive stance to mitigate risk of 'coin toss' US election
US

Portfolio managers take defensive stance to mitigate risk of 'coin toss' US election

Hedging their bets

Linus Uhlig
clock 01 November 2024 • 5 min read
Morningstar's Michael Field: European equities poised for volatility amid US election outcomes
US

Morningstar's Michael Field: European equities poised for volatility amid US election outcomes

'Period of uncertainty'

Michael Field
clock 01 November 2024 • 3 min read
Trustpilot