We are still predicting at least two interest rate rises by the Federal Reserve in 2016. Despite the unusually dovish statements from the Fed, we believe that the acceleration in the US economy will force the Fed to hike rates. We believe the market is underestimating the underlying relative strength of the US economy and the balanced nature of the expansion. Our top equity market remains Japan, though it may face headwinds in the short-term and we continue to recommend JPMorgan Japanese Inve
24 Mar 2016
Investment Funds - US rate rise likely in June
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Investment Funds - US rate rise likely in June
Fidelity China Special Situations PLC (FCSS:LON) | 201 -2.4 (-0.6%) | Mkt Cap: 1,055m
- Published:
24 Mar 2016 -
Author:
Saumya Banerjee -
Pages:
11
We are still predicting at least two interest rate rises by the Federal Reserve in 2016. Despite the unusually dovish statements from the Fed, we believe that the acceleration in the US economy will force the Fed to hike rates. We believe the market is underestimating the underlying relative strength of the US economy and the balanced nature of the expansion. Our top equity market remains Japan, though it may face headwinds in the short-term and we continue to recommend JPMorgan Japanese Inve