Investment strategy: U.S. funds should not be Zhanshou

In July, the US consumer confidence index fell to its initial 64.6, the lowest level in nearly four months, as Liang Heng unemployment climbed and banks tightened lending. In addition, the US trade deficit in May was reduced from $28.8 billion trillion in April to $26 billion, usually when the U.S. economy is strong, the deficit is high, and the deficit suggests that US consumers are more cautious. 　　The U.S. economic outlook remains unclear, so U.S. stocks funds are still not zhanshou. 　　The market's confidence in the recovery is weak, with the S & P 500 index already in its fourth week, which, in the past, tends to rebound several times during a bear market, some of which, while strong, do not represent a bull market. For example, the US research fund, which has topped the list for nearly three months, seeks long-term capital growth, mainly through stocks of companies with growth potential in the United States. The Fund's performance in 2006, 2007 and 2008 was 4.57%, 13.49% and-59.98% respectively. 　　The average earnings ratio of the fund is 12.48 times times. The recession could further extend the asset percentage to 98.03% shares and 1.07% of cash. The asset industry is 13.93% health care, 12.26% consumer goods, 11.34% Energy, 11.11% Telecommunications, 10.36% industrial supplies, 9.51% consumer Services, 9.1% Financial Services, 7.83% computer hardware, 5.91% Business services, 5.15% Common, 1.83 % computer software and 1.68% media. 　　The fund's three major equity shares are 3.41% Hess Corp., 3.08% Occidental Petroleum Corp. and 2.45% Crown Inc. After a sharp rebound in the first quarter, the US stock market has shown signs of weakness in the third quarter. 　　Some economists fret that consumer loans have continued to shrink over the past four months, the longest lasting since 1991, and that the recession is likely to be extended further. From the economic data of the United States, the recent economic situation is unpredictable, policy orientation is confusing, which leads to the lack of market direction. 　　In fact, the local unemployment rate has been expected to climb, and most people believe that even if the economy recovers, high unemployment will last until next year. The real return of the stock market must include a halt in the rise in the unemployment rate. In the current stock market transition environment, all the fluctuation is possible, most forecasts have pointed out that the U.S. house prices will not reach the bottom half a year. The improvement of business environment and the rise of overall economic indicators are necessary conditions, so the U.S. stock fund is still not suitable for optimistic view.