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Constructive about US stocks

Strong employment numbers, rising wages, better household balance sheets and robust consumer confidence lead to positive outlook.

The prospects for US growth based on the strength of the consumer, which ultimately accounts for two-thirds of the economy, is optimistic as analysts are constructive on the US consumer, emboldened by upward pressure on wages associated with improving employment and lower petrol prices.

THERE is little doubt that some of the biggest risks to equity markets last year - depressed commodity prices, slowing growth in China and uncertain economic data points in Europe as well as the US, all accompanied by US dollar strength - will affect 2016 as well.

We continue, however, to...