Financial Times FT.com

America must count its blessings

By John Authers

Published: November 23 2006 18:05 | Last updated: November 23 2006 18:05

Thanksgiving is a tradition that goes back to the pilgrims who helped to found the country. So, why should investors in the US be thankful?

This year, they have more blessings to count than usual. Corporate America continues to produce profits at a prodigious rate and the S&P 500 has gained 15 per cent since July.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this