Opportunities in US banks
On 14 June, the Federal Reserve raised short-term rates by another 25bps from 1% to 1.25%, despite fairly weak inflation figures.
Investment opportunity
Why the reflation trade is 'overhyped'
Plans to begin balance sheet normalisation
Friendlier regulatory environment expected
Despite scepticism about some of US President Trump's high-profile plans, there remain some areas of growth and opportunity, says Jim Wright, manager of the Miton Global Infrastructure Income fund.
Managers at Investment Week's June Funds to Watch conference share their views on what to expect from the rest of 2017 and beyond.
Retail and autos particularly affected