- US stocks continue to dominate the agenda for growth investors
- And yet there's more to life than an S&P tracker
Investors could be forgiven for having a sense of deja vu. The US market is outpacing all its mainstream peers, with a handful of tech majors driving much of the return. Donald Trump is about to enter the Oval Office and the US economy looks to be on a stable footing, even if share valuations seem steep.
However, this time around, there's even more bullishness around the US market given Trump's pro-business agenda. The widely followed Bank of America global fund manager survey noted in mid-November that there had been a "surge" in optimism for global economic growth. The proportion of respondents who were overweight US stocks rose from 10 to 29 per cent – the highest level since August 2013. As such, the US seems too good to ignore, even if there are multiple unknowns, including a potential trade war.