A stream of positive US data has increased investor confidence in US equities and global economic growth as a whole, but will new headwinds hinder this recovery? Katie Holliday investigates.
In the midst of eurozone gloom, the recent stream of positive data from the US has created excitement in the investment industry about what a recovery in the world’s largest economy could mean for markets worldwide. The Standard & Poor’s 500 index has trended upwards from 1,200 at the start of the year, reaching its highest level since 2008 in February of 1,365. And in the asset management industry, US optimism has boosted the sentiment of fund managers across the board, with some raising their exposure to the US on the strength of this view. However, some investors are now beginning to ...
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