Depending on the US

What happens in the US is the major force behind what will happen to the UK markets and economy. The first half of the year has been weak and there is a lot of uncertainty in the market. David Binnie, senior investment manager at Edinburgh Fund Managers, says it is a dull time and there is little news. Investors are still waiting for signs of what is going to happen in the US. John Hatherly, head of global analysis at M&G, says: 'It depends on how strong the signs of recovery are in the US. If we see no signs of recovery there will be more bad news. There is a correlation between the ...