Outlook for the US remains uncertain. Helen Mackin, head of investment communications at Threadneedl...
Outlook for the US remains uncertain. Helen Mackin, head of investment communications at Threadneedle, says: 'We think over the short term the market will remain volatile. There has been a number of high profile companies that have had profit downgrades.' Chris Tracey, global strategist at JP Morgan Fleming, says: 'The macroeconomic background remains unclear and personal spending continues to be robust, despite rising unemployment. 'The continued uncertainty over the economy mitigates against an overweight position in high beta stocks. We are overweight in consumer staples and defensiv...
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