With a strong international economy and
continued domestic economic growth, earnings in both the tech and financials sectors are expected to finish 2017 on a high note, and could grow at a double - digit rate in 2018, we believe.
China has two main goals: 1) to ensure
strong domestic economic growth to provide enough jobs for its 1.2 billion population which continuously migrates to urban centers from the countryside, and 2) to be taken seriously by the world.
While «outsourcing» for low - cost labour may have motivated outward investment in the last decade, the new driver of investment is
clearly domestic economic growth in Asia.
Other recommendations in the memo: * Broaden the message beyond jobs to
overall domestic economic growth, as voters are looking to embrace policies that will jump - start the economy and make the United States a world leader.
Ongoing concerns that Europe's debt crisis could spread and
reduce domestic economic growth, a lack of consensus in Congress over the deficit reduction plan, and a major revision to economic growth in the first half of 2011 combined to send stocks on a roller coaster ride in the second half of 2011.
With a strong international economy and
continued domestic economic growth, earnings in both the tech and financials sectors are expected to finish 2017 on a high note, and could grow at a double - digit rate in 2018, we believe.
In its World Economic Outlook for July, the International Monetary Fund (IMF) revised down
its domestic economic growth forecast, from 2.3 percent to 2.1 percent in 2017, and from 2.5 percent to 2.1 percent in 2018.
Global economic growth, and with
it domestic economic growth, are both projected to continue to be weak.
The identified fundamental sources of return include exposure to: interest rates; inflation; credit quality; liquidity premium; incomplete information / transparency; global and
domestic economic growth; political uncertainty; and foreign currencies.
Domestic economic growth will face increased headwinds as exports are placed at an increasing disadvantage, in an environment already challenging for U.S. goods overseas.