¹Includes all current EU-28 countries
²Comprises Canada, Japan, South Korea, U.S. and Western Europe excluding EU-28
³International Monetary Fund, World Economic Outlook, 2017
Gross Domestic Product (GDP) is the monetary value of all the finished goods and services produced within a country’s borders in a specific time period. S&P 500 is an index of 500 stocks seen by economists as a leading indicator of U.S. equities and a reflection of the performance of the large cap universe.
The views expressed are the views of Fred Alger Management, Inc. as of May 2017. These views are subject to change at any time and they do not guarantee the future performance of the markets, any security or any funds managed by Fred Alger Management, Inc. These views are not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities.
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