U. S. - On the bright side, the corporate sector is surprisingly healthy. During the third-quarter reporting season, a majority of companies beat expectations and the average earnings per share reported was higher than predicted at the beginning of the season. Goldman Sachs's estimate for earnings growth next year for the constituents of the S&P 500 is down on this year's 17pc but, at 11pc, is strong enough. Businesses are also beginning to dust off spending plans again, with fixed investment by companies rising at an annualised rate of 15pc in the past two quarters. The US has been the most resilient of the world's major equity markets this year but it has still been relatively disappointing. As a consequence, shares in the biggest companies are on average trading at less than 12 times earnings. Valuations are back to where they were 20 years ago when the dotcom bubble wasn't yet a twinkle in investors' eyes. The key reason to prefer the US today, however, is the commitment of the Federal Reserve to providing economic stimulus when necessary at a time when the hope that the European Central Bank will do the same in Europe looks ever more forlorn this side of a market catastrophe. If you believe that high quality, defensive stocks with an exposure to faster-growing emerging markets will be the safest haven in a difficult investing environment then the US remains the best place in the world to go looking for them. I'm happy to call The United States MY HOME !!! 
Access Investments-Building Awareness - European Union-ROMANIA
Saturday, December 31, 2011
I'm happy to call The United States MY HOME !!!
U. S. - On the bright side, the corporate sector is surprisingly healthy. During the third-quarter reporting season, a majority of companies beat expectations and the average earnings per share reported was higher than predicted at the beginning of the season. Goldman Sachs's estimate for earnings growth next year for the constituents of the S&P 500 is down on this year's 17pc but, at 11pc, is strong enough. Businesses are also beginning to dust off spending plans again, with fixed investment by companies rising at an annualised rate of 15pc in the past two quarters. The US has been the most resilient of the world's major equity markets this year but it has still been relatively disappointing. As a consequence, shares in the biggest companies are on average trading at less than 12 times earnings. Valuations are back to where they were 20 years ago when the dotcom bubble wasn't yet a twinkle in investors' eyes. The key reason to prefer the US today, however, is the commitment of the Federal Reserve to providing economic stimulus when necessary at a time when the hope that the European Central Bank will do the same in Europe looks ever more forlorn this side of a market catastrophe. If you believe that high quality, defensive stocks with an exposure to faster-growing emerging markets will be the safest haven in a difficult investing environment then the US remains the best place in the world to go looking for them. I'm happy to call The United States MY HOME !!! 
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