Wow! Jefferies: 'The Consensus Has Underestimated How Competitive The US Economy Has Become'

Jefferies' Chief Global Equity Strategist Sean Darby has published his outlook for U.S. equities. He argues that U.S. equities will outperform every other financial asset classes as well as most other global equity indexes. He see the S&P 500 generating double-digit returns, and in Q1, he expects the S&P 500 to trade between 1,100 and 1,322.
His strategy note, titled The Return of US Competitiveness, highlights the increasing competitiveness of U.S. manufacturing relatively to other low-cost countries like China….


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