Time to Go to the US!!!

Consumer spending growth in September achieved 1.0%, the fasted pace since 2009. This GDP component accelerated in November again last year while shipments of key capital goods orders increased for 10 consecutive months. In aggregate statistics and dollar term, consumer spending increased to $12,027.89 billion in Q4 2017 from $11,916.58 USD billion in Q3. 

Furthermore, according to Paul Ryan, average US family of four will save $1,182 in 2018 on taxes following the $1.5 trillion tax cut package approved by the Congress. Increased disposable income and enhanced consumer confidence, as the marginal propensity to consume picked up, will stimulate customer demand and spending, leading to a promising demand side.

Time to Go to the US!!!

The growth impulse in advanced economies has improved from -1% in early 2016 to 0.75% now. World Bank forecasts that growth in advanced economies to be 2.2% in 2018 while major central banks continue tightening, whereas US economy is estimated to grow at 2.3% in 2017, accelerate to 2.5% in 2018 and then moderate to 2.1% in 2019 and 2020 due to stronger private investment. A rising tide lifts all boats. This positive sign suggests all industries will on average enjoy over 2% increase in revenue.

To extend long-term growth potential, World Bank also claims it is a great opportunity to invest in human and physical capital to increase productivity, and invest in innovative ability, the driver and catalyst of long-term economy vigor. Your participation as foreign investment can contribute too!

Source: World Bank

Time to Go to the US!!!

For the first time since 2010, global economy exceeded most predictions and demonstrated positive signs of recovery. This cyclical recovery is pervasive: advanced economy, in particular the United States stands out and outperforms market expectations significantly, while emerging economy concurrently enjoy the uprising trend. 

This recovery is also multi-fold. To name a few: following the optimistic expectation, consumer, entrepreneur and investor confidence is enhanced. Financial markets function stably, risk appetite increase, stock markets pick up, central banks begin to scale back asset purchase program and increase interest rate…It is expected the rebound will continue in most advanced and emerging markets. It’s then time to consider going to the states to nurture your business ambition.