Forex »

Bloomberg Poll Cites US As Best Investment Opportunity

Finances
Share on StockTwits
Published on
www.finances.com
Bloomberg Poll Cites US As Best Investment Opportunity

Bloomberg has just published a wide ranging poll on global economic issues, among the headline results are that the US represents the best opportunity for investors over the next 12 months. 44% of respondents cited the US as the best place to invest, while only 10% cited it as the worst. The US easily beat the European Union, with 32% of the vote, into second place and the UK, with 18%, into a distant third.

Investors polled felt that the Fed was doing a better job managing the economy than the political administration. 47% approved of Barack Obama’s economic handling while 66% felt that Fed Chair, Janet Yellen, was doing a good job.

Specifically focusing on the US economy, poll respondents rated the National Debt as the issue with the most potential to threaten the future economic prospects of the country. 24% of investors cited the National Debt, which currently stands at just over 101% of GDP, as the most concerning issue for long term recovery. This was closely followed by the category of ‘Dysfunctional Government’ which polled 23% in the economic threats survey. In third place was ‘Income and Wealth Inequality’ at 17%, while Unemployment only came forth with just 12% of investors polled expressing concern around this metric.

When asked about the prospects for interest rate rises in the US the majority of investors polled believed that these would begin in 2015. More specifically the poll results show that 39% of respondents believe that rates will be moved higher during the first half of 2015, 33% believe that the first rate hike won’t occur until the second half of next year. Just 4% of investors polled think that there will be a rate move this year while 21% are citing 2016 as the earliest timeframe likely to bring an interest rate hike in the US.

Share on StockTwits