Political conditions will improve after mid-terms

ON NORTH AMERICA

ARIS VATIS, portfolio manager of the Fidelity American fundon North America

For more information on North America, search Adviserhound.com Concern about the outlook for the US economy has focused in large part around the weakness in the labour market and the seemingly endless bad news related to the housing market. To be sure, it is apparent that the US economy is now in a slowdown phase due to these issues and because the favourable impetus from the inventory cycle and government stimulus spending is waning. However, there are also some positive factors which perhaps have not received the same level of coverage. In particular, I would highlight the recent...