Keith Barrett, head of research at Ingenious Asset Management, asks whether outperformance in US healthcare stocks can continue or if it is time to take profits.
I do not want to be awkward or deliberately contrarian but has anyone noticed US equities look expensive again?
Michael Arends – The Boston Company Asset Management, a BNY Mellon company
George Saffaye – The Boston Company Asset Management, a BNY Mellon company
By Esther Armstrong, BNY Mellon Investment Management
Why has performance suffered this year?
Run by subsidiary ClearBridge
With the US economy stabilising over the past few years since the financial crisis, and a December rate hike looking increasingly more likely, the US recovery is underway.
US manager with $947bn AUM
There has been an increase in growth rate volatility, uncertainty of currency direction, and lack of clarity on interest rates this year, writes Douglas Burtnick, Aberdeen's deputy head of North American equities.
Strategy for downside protection
US Congress needs to agree a new debt ceiling limit this month if the economy is to avoid a significant growth hit, according to Architas CIO Caspar Rock.
Dan Harlow, co-manager of the AXA Framlington American Growth fund, assesses the opportunities as the US market faces a 'mid-cycle pull back'.
Rate hikes are off the table until 2017
US stocks had a disappointing first three quarters of the year and volatility jumped as Federal Reserve uncertainty and Chinese growth concerns rattled investors.
The reason for the Federal Reserve's caution on rates could be closer to home: US unemployment is simply higher than headlines suggest.
Volatility created attractive entry point
Meera Hearnden, senior investment manager at Parmenion Capital Partners, argues the pace of interest rate increases could negatively impact the US
Stuck in 2% growth phase
Finding under-valued smaller stocks is often the biggest challenge for investors.
Decision made due to uneconomical size
Wall Street is not Main Street. In Wall Street's eyes, America is the S&P 500, but from Main Street, America looks very different, especially in its relative exposure to events overseas.