Optimism for US market backed by a positive economic backdrop

With the worst over the outlook for the undervalued US market is positive

This week's Conjecture focuses on the US market. Present at the debate were Cormac Weldon, head of North American equities at Threadneedle, and Stephanie Fennessey from the US equities desk at JPMorgan. What is the point of investing in the US market? Cormac Weldon (CW): We are positive on equities in general and positive on the US equity market. We think the economic backdrop and the internal fundamentals of the market, things like valuations, balance sheet and cashflows, are all very positive. What will the key influences be on the US market over the next six months to a year? CW: T...