Just proves, the USA is No1 economy for a reason, it has been digging itself out of fiscal misery with determination, which several other countries could do well to learn from. I started to become Invested in this fund in 2009 by investing in trust for my sons, mainly because the management is extremely shrewd, the firms within it all have strong overseas business but are listed on the most tightly regulated stock market in the world and ultimately, because I had faith in the level of innovation, organization and transparency the US has compared to emerging markets making it a very convincing long term bet. The irony is that the recovery in the US will continue to drive china through US imports, business tender and consumer demand as despite the fact it is the 2nd economy most of us still don't actually own any Chinese designed, developed or invented products, just stuff MADE in China. That in itself is quite alarming: that the worlds 2nd biggest economy that everyone seems to be relying on does not appear to innovate. *This is not a pro US or anti China rant, it's just an opinion about the 2 big economic entities, please do not be offended if you do not agree, it's not meant to be taken that way*
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.