Where Can You Invest to Take Advantage of Synchronized Growth?

Many things are going well for the global economy right now—all at the same time. The past decade featured the global financial crisis, severe weakness in the euro area, a commodity meltdown, and concerns about China. Now, although a chill has settled over Russia’s relations with the West, there don’t seem to be too many worries on the horizon for markets.

The U.S. appears headed for growth this year in the mid-2 percent area, if not 3 percent, as corporate earnings stay robust. Europe’s profits are finding their footing, and the European Central Bank is pulling back on ultraloose economic policy. China isn’t growing as much as it was some years ago, but fears of a severe downturn for the country haven’t taken hold. Even Japan, once the poster child for economic failure, is making progress in its fight against deflation. And emerging markets are along for the ride, too.