De-equitisation gives US support

UK Markets forum

Threadneedle's Cormac Weldon is positive on the US and believes there are currently good buying oppo...

Threadneedle's Cormac Weldon is positive on the US and believes there are currently good buying opportunities, particularly among growth companies. The group's head of US equities said the current view on the region is negative compared to other major equity markets. But he said investors could be missing out with strong earnings, attractive valuations, strong balance sheets and cash flows, and de-equitisation all providing support in the US: "De-equitisation is a buzzword in the market at the moment and we think the trend will remain," he said. "If we can borrow at 7% and earn at 10% we...