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American Perspectives: Hope Springs Eternal? Dr Don Russell



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American Perspectives: Hope Springs Eternal? Dr Don Russell

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    1. American Perspectives: Hope Springs Eternal? Dr Don Russell Has the USA lost the leadership of the western world or can it recover its reputation as the world’s ‘last, best hope’? Can it bail out the world?

    13. The Basel II concerns

    14. Summary

    15. Important Information This material is for wholesale clients only and is not intended for distribution to, nor should it be relied upon by, retail clients. This document may not be used for the purpose of an offer or solicitation in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or not authorised. This document should not be published in hard copy, electronic form, via the web or in any other medium accessible to the public, unless authorised to do so. This information should not be construed as a recommendation to purchase or sell any security. This information has not been prepared to take into account the investment objectives, financial objectives or particular needs of any particular person. Before making an investment decision you should carefully consider, with or without the assistance of a financial adviser, whether such an investment strategy is appropriate in light of your particular investment needs, objectives and financial circumstances. BNY Mellon Asset Management is the umbrella organization for The Bank of New York Mellon Corporation's affiliated investment management firms and global distribution companies. “BNY Mellon Asset Management” may refer to The Bank of New York Mellon Corporation's affiliated firms and companies on a collective as well as an individual basis. In preparing the report BNY Mellon Asset Management may have relied on information provided by third parties. Whilst BNY Mellon Asset management has no reason to doubt the accuracy of information used to prepare this report, BNY Mellon Asset Management does not represent, warrant or guarantee that this information is accurate, complete or suitable for any purpose and it should not be used as a basis for investment decisions. Any opinions and estimates expressed in this document, including forecast returns, are those of the author, they reflect his judgement as of the date of its publication, they involve a number of assumptions that may not prove valid and are subject to change without notice. BNY Mellon Asset Management is not responsible for any subsequent investment advice given based on the information supplied. Past performance should not be taken as an indication or guarantee of future performance and no representation or warranty, express or implied, is made regarding future performance. Portfolio holdings are subject to change at any time without notice. The value of investments and the income from them can fall as well as rise and investors may not get back the full amount originally invested. Neither the performance of the investments discussed nor the payment of any income return or the return of any capital is guaranteed by BNY Mellon Asset Management Australia or any other member of The Bank of New York Mellon Corporation, or any related body corporate. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading results/returns. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. If this document is used or distributed in Australia, it is issued by BNY Mellon Asset Management Australia Limited (ABN 56 102 482 815, AFS License No. 227865) located at Level 6, 7 Macquarie Place, Sydney, NSW 2000 www.bnymellonam.com.au

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