Based on the continuing market volatility, I thought that you might find market perspectives from various economists and portfolio managers employed by the Capital Group to be encouraging.
(Many of you will recognize the name of the Capital Group’s subsidiary – The American Funds.) Founded in Los Angeles, California in 1931, the Capital Group ranks among the world’s oldest and largest investment management organizations. It has more than $1.7 trillion in assets under management and has offices around the globe in the Americas, Asia, Australia and Europe. (Source: Wikipedia) Robert Lind, the company’s European economist says, “There is mounting evidence that near-term momentum is building in the global economy and the cycle appears to be self-sustaining, particularly with respect to Europe. The synchronization of global growth has raised the possibility that the cycle can be stronger for longer.”Read More