OMGI's Heslop: The US is entering a golden age

Investors calling an end to the US bull market are wrong, says OMGI's Ian Heslop, as overall volatility would have to be far higher to signal an end to the growth momentum that has powered US equities.

The US is about to enter a golden age. The economy is no longer in recovery, it is alive and, quite literally, back at work. And when it is not at work it is at the shops. The US has created 1.7 million net new jobs this year, most of them in the private sector, and many of them are high quality roles in manufacturing. September was a bumper month for jobs growth, as figures from the Bureau of Labor Statistics surpassed expectations. However, this followed disappointing data in August, when only 142,000 jobs were added. This was sharply lower than the 225,000 new jobs that were foreca...