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Macromoney Bets On US Economy For Fund Growth

On any given trading day the FTSE trades independently from the moment the London market opens till the opening bell rings in New York. Then the pull of the DJIA and the S&P 500 takes over and unless something really crucial happens in Europe or Asia, the London trading day is dominated by the direction of the US markets. A similar thing happens across global markets – although they each have their own economic drivers and individual paces of growth the direction of daily trade is more frequently than not set by the US exchanges. This fairly simple concept forms the basis...