Each week, a professional investor tells MoneyWeek where he’d put his money now. This week: Simon Moon, fund manager at Unicorn Asset Management.
At Unicorn, we believe America is in the early stages of sustained structural growth. Economic data look increasingly positive. Initial jobless claims are at their lowest level since 2007, consumer spending is up and so are corporate profits, freeing firms to increase spending. Central to this recovery is the US energy revolution.
Not only do fracking and tar sands exploitation create jobs and raise tax revenue, they also dramatically reduce input costs for businesses with [...]
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