The US recovery: What advisers really think

GOOD SHAPE?

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Advisers explain to Joanna Faith how they are playing the turnaround in the US economy.

From recession to recovery, to recession to recovery. It seems every few months the assessment of the US economy changes from depressingly gloomy to cheeringly optimistic. At the moment commentators appear to be firmly in the recovery camp thanks to a string of positive data, including strong jobs figures, improving manufacturing numbers and an increase in real GDP in the final quarter of last year. The ECB’s LTRO programme also provided some relief to markets. However, the US is far from immune from the fallout in Europe, which is expected to be felt throughout 2012. It also carries ...

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