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4 reasons US is recovering...and leaving the world behind
Signs of modestly higher inflation and a robust jobs market in the U.S. have many economists cheering the recovery in the world's largest economy. Despite this optimism, one asset management firm has signaled that this could mean a gloomy future for the rest of the world. Last week, U.S. consumer prices for April recorded their largest increase in 10 months – in stark reflection to concerns about falling and low prices in Japan and the euro zone. U.S. stock markets continue to outperform the global index as the traditional engine room of global growth edges back to full power. U.K.-based global asset manager ... (full story)
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