The United States Is Still The Pacesetter Of The Global Economy And Equity Markets

By the end of the year, the global economy will have made up the losses caused by the measures taken to combat the coronavirus. The US economy in particular has proven to be impressively resilient, but Europe’s economy is also on the mend. “The relative attractiveness of equity markets has risen again, the US market remains our favourite”, said Till Christian Budelmann, Chief Investment Officer of the Swiss Private Bank Bergos. At a certain point, the upcoming tapering of the US Federal Reserve could prove to be a disruptive factor.(…)

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