Economy
The US economy is still the world’s biggest even though most of our attention is focused on Europe right now. A strong US will help offset any painful ripples from Europe.
But the health of the US economy is so dependent on happy Americans.
Over their recent Thanksgiving weekend, US retail sales were up 16 per cent on the previous year and last month consumer confidence had its biggest jump since 2003.
It is great news because 70 per cent of American economic growth comes from its consumers.
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