Investment veteran Warren Buffett expects US growth to continue "inching ahead" of its Western counterparts, despite the looming fiscal cliff putting the country at risk of slipping back into recession.
BlackRock plans to float a North American equity income investment trust next month, to be managed by Bob Shearer and Kathleen Anderson.
Veteran investor Jim Rogers said he is sceptical about the prospects for the US economy this year despite a recent string of positive economic data from the country.
US unemployment posted a surprise fall in November, down from 9% to 8.6%, supported by an increase in non-farm payroll employment to 120,000 in November.
Although market volatility is set to remain for the forseeable future, there is no shortage of opportunities, writes Grant Bughman, client portfolio manager of the UBS US Growth fund.
This year's Thanksgiving will have provided a welcome time out for politicians and markets across the Pond. It is also a time to reflect on the state of the nation as everything closes down for the day and people retreat to spend time with their families....