This is the view of Robert Jukes, global strategist at Canaccord Genuity, who describes the US as a “relatively safe play” though 2014 will be a year for its growth spurt to take a breather while corporate earnings catch up.
He has strong views on what is needed to kick-start growth – with higher salaries being just one of them – after what he thinks will be a slow start to 2014. It is all well and good that companies make money but, says Jukes, they will need to start spending it and one very positive move as far as tax takings go is for companies to hike up wages.
To listen to the full interview, click here, and here for greater detail on his US views on the US.
And to hear how he sees benefits from globalisation, please click here.
