Outlook remains negative
The American economy is expected to grow in 2014, but speed bumps remain that could slow the recovery
But a failure to raise the debt ceiling “in a timely fashion” would prompt a review
There are multiple issues to be concerned about when investing south of the border. But, on the plus side, dividend payments are expected to increase despite the slew of extra and advance dividend payments as of yearend 2012
Policy uncertainty remains leading into fiscal cliff discussions
Spending cuts and tax increases totaling US$700 billion are set to take effect in January
Bernanke cites concerns about high U.S. unemployment levels, weak economic recovery
Outlook still negative
Some Canadian advisors will have to register in the U.S. for the first time
U.S. rule could adversely affect Canadian financial institutions, conflict with regulation