Fidelity's US manager Aris Vatis backing US financials after claiming they are trading at rock bottom levels.
The IMF has urged the US government to raise its debt ceiling to avoid "global repercussions" for financial markets and a debt "shock".
Barclays Wealth has warned US markets are set for a correction following a sharp decline in its manufacturing industry.
The Federal Reserve has scaled down its growth forecast for the US in the face of higher energy costs and weak manufacturing data.
PIMCO's Bill Gross has warned the US authorities are focusing too much on reducing the budget deficit instead of tackling the country's unemployment problem, which could derail the recovery.
The International Monetary Fund has cut its forecast for US growth after unexpected economic weakness and European woes.
US markets have recently been unsettled by weak economic readings. Peter Allwright, manager at RWC Partners, looks at what lies in store for the region.