The time to buy the dip in US stocks is fast approaching

At some point – much sooner than in the UK or Europe – buying the dip in the US will make sense, even if that time is not quite now.
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By Edward Harrison

(Bloomberg) — Investors are looking beyond a looming global recession and they see one country – and its financial markets – emerging strongest on the other side.

US stocks and bonds will lead the way out of the current wave of market turmoil, according to respondents in the latest MLIV Pulse survey. Meanwhile they reckon it's close to an even bet as to whether the UK economy or the euro area will fall into a slump first.

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