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Despite fears of recession and slowing growth, US stocks remain the best in the world

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In the biggest economy in the world, things can get a little bleak, slowing growth and fears of the recession on the bond market, but the stock is still doing well.

This may be because the rest of the world is performing much worse than the United States. With unresolved business issues that have impeded China, which are also growing at the slowest pace since 1990, the risks of Brexit continue to weigh on Europe and the UK and the new signals of weakness in Japan, the US still seems to be a leading force .

"The US economy has always been more autonomous than any other compared to the big economies in Europe, where trade is a much larger part of the economy," said Scott Brown, chief economist at Raymond James. "The consumer really does the bus in the US and there are still many things that are very positive about job shrinking, wage increases and lower fuel prices, which boosts consumer purchasing power."

Economists expect the US GDP to reach 2.4% this year, the highest forecast among the group of Seven countries where uncertainty continues to accumulate.

Real GDP Growth

"We still believe that if you are looking for fast-growing companies, you need to search the states," said Peter Oppenheimer, chief global equity strategist at Goldman Sachs.

Wall Street is still the most bullish to the stock. The average S & amp; P 500 target for this year is 2,947, more than 100 points above current levels. Credit Suisse also raised its annual target for the index to 3,025 out of 2,925, according to them, declining risks will push the markets up.


 Trader Aleksandar Kumanov

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