In the rapidly evolving US economy, businesses with strong fundamentals will survive and prosper. At Hermes, we look for companies that have enduring competitive advantages. Here, we highlight a financial opportunity that we believe will thrive in the coming months and years.
Many market observers are anticipating a prosperous year for the US economy. Falling unemployment, rising wages and gradual growth have all laid the foundation for companies to outperform their developed market peers. Meanwhile, the new political government, under President Trump, is expected to introduce several favourable policies, including tax cuts, regulatory changes and repatriation of overseas profits.