Asset Allocator's Soapbox: Rathbones' David Coombs

A  recent business trip to the US has confirmed my belief in its ability to outperform this year. Some of the more bearish strategists have highlighted that while the presidential election cycle is usually positive for equities, the can has been kicked into the second half of the year, if one considers some key economic indicators. Therefore, if the US delivers lower growth, coinciding with higher rates, it could lead to some serious sclerosis in the economy and market underperformance. However, there is gathering support for the belief that policy action is now bearing fruit. The vie...