The world economy is evolving from synchronous growth in 2017 to an economy in which this year mainly America is the engine. The European Union is carefully adapting its flexible monetary policy so as not to jeopardize growth. China seems to be crawling out of a valley and is starting to grow again. The emerging countries each have their own challenges and opportunities.

The United States Economy Is Running At Full Speed

The unemployment rate in the US is very low and the US citizens consume at a high pace. Companies record revenues. Even though the American Central Bank has been raising interest rates for some time, there is still enough credit for companies and individuals to finance their projects.

Also, the fiscal measures that the Trump government launched last year clearly do not miss their effect. The SMEs targeting the American consumer benefit fully from this, which fully supports the US economy. Finally, inflation remains moderate.

All American indicators are therefore green. Investment Managers, therefore, expects strong growth to continue in the second half of the year. The vote on US equities also remains positive. There is nothing to indicate today that the US economy is facing a strong slowdown in growth in the short term, let alone a recession.

The United States is therefore justified in being the engine of the global economy. A well-functioning US economy is reflected in the financial markets. The S&P, Dow Jones, but especially the Nasdaq technology fair is doing well. The volatility has increased somewhat and that may take some time. But nowhere in the world are the financial markets so remarkably strong.

Quote: " Finance is not merely about making money. It's about achieving our deep goals and protectingthe fruits of our labor. It's about stewardship and, therefore, about achieving the good society. "