We thought that our readers would be interested in reading the thoughts of some of the leading money management companies. We get information from these companies on a regular basis, and wanted to start passing some of it along. Today we look at the view from the money management shop INVESCO.
Thoughts on the global economy:
U.S. money and credit markets will be on the path toward normalization after seven years of abnormally low rates. This is a sign that, despite the weakness in other developed and emerging economies, the U.S. is back on the road to normal growth.
On U.S. Growth Stocks
As we look forward, considering today’s evidence, we believe the bull market will continue, but is likely moving into later stages. As sales continue to grow, profit margins remain high, and valuation growth slows, annual equity market returns in the mid-to-high single digits seem more likely than outsized gains.
We’ll bring you more commentary from major investment firms on a regular basis. Feel free to contact us with your own questions.
Note: We are passing this information along for educational purposes only; it is not an endorsement of the profiled company or their views.