The US is set to outperform on a global basis as the US Conference Board's Leading Indicators index ...
The US is set to outperform on a global basis as the US Conference Board's Leading Indicators index points to tangible signs of economic recovery. Indicators first turned positive in November and were confirmed in December, and as corporate profits gradually trend upwards, a turn in the economic cycle is virtually guaranteed, according to Mike Lenhoff, chief global portfolio strategist at Gerrard. The upturn in lead indicators is assuaging concerns over the reliability of accounting procedures in the reporting of company earnings. Lenhoff says the problem has been exemplified by the Fed...
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