Economist (December 29)
2010/ 12/ 30 by jd in Global News
America’s economy is looking better, but investors should “proceed with caution.” While forecasting America’s economy will grow by nearly 4% in 2011, the Economist points out “share prices are meant to be based on more than just the next 12 months’ earnings, and the medium term is as treacherous as ever; perhaps more so.” Chief among the concerns is “the American government’s inability to sort out its finances in a credible way.”
Tags: Economic oulook, Government debt, Investors, U.S.
