Leading economic indicators keep rising

By David Watson, manager of the ABN AMRO North American Growth Fund The key to global equity markets is often dependent upon the activity and direction of the US market, which accounts for nine of the 10 largest companies in the world by market capitalisation. Since 11 September, US investors have been focusing on the state of the market in order to determine the direction of their own investments. The weight of money applied to regular investment programmes such as 401K pension schemes means that the stock market remains high on the list of interest for much of middle America. ...