19.03.2009 - Investors optimistic about global economy
From Business24-7.ae: Investor optimism about the global economy is at the highest level since December 2005, according to the Merrill Lynch Survey of Fund Managers for March. However, the prolonged banking crisis seems to be stopping them from putting cash into equities. For the first time in more than three years, investors do not predict lower global economic growth over the next 12 months. Renewed optimism about China's economy lies at the heart of this revival. Just two months ago, a net 70 per cent of respondents thought China's economy would worsen in the year ahead..... Full Article: Source
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