Morningstar: Strength of US Economy Makes Investors Nervous
A number of fund managers are starting to question the sustainability of the US economic strength and whether the bull run can continue.
There are mixed views on what this means for stock markets. While there may be few signs of overheating today, stock markets are forward-looking, and for that reason, Gavin Haynes, investment director at Whitechurch Securities, is cautious on the US markets: “While everything looks rosy and the market is likely to be supported in the short-term by strong corporate earnings and Trump’s tax reform bill could see one final push for the US market bull run, we are feeling a bit nervous.
Read the full article at Morningstar, 30th August 2018.
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