US investors can profit from UK and China growth, says BlackRock strategist

Lookback: Improvements in Europe and China

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Improvements in Europe and China are good news for US investors, says Russ Koesterich, global chief investment strategist at BlackRock. Better-than-expected growth in these regions is positive for the global economy, which helps large-cap and mega-cap US companies that derive significant chunks of their revenues from overseas, he says. It is also an argument for US investors to increase their allocations to international equities. In Europe, a significant jump in the UK services sector, as well

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