US economy reinventing itself again
Tuesday, February 25, 2014
The US economy is yet again reinventing itself. This has been helped along by a determination to get the US economy moving again after the global financial crisis but the real drivers are an energy boom, a manufacturing renaissance and American innovation.
> Together these drivers could add as much as 0.5% to annual
US economic growth in the decade ahead.
> For investors, while a return to the sustained double digit
share market returns seen through the 1980s and 1990s is
unlikely, the turn for the better in the US is likely driving a
new secular bull market in traditional global shares.