Oliver's Insights - Jan 2012 - The global economy looking a little less scary

Wed, 1 Feb 2012

Oliver's Insights

The global economy looking a little less scary

25 January 2012

• The last month or so has actually seen better news regarding the global economy - European Central Bank action appears to have reduced the risk of a banking crisis in Europe, US economic data has continued to surprise on the upside and Chinese economic data remains consistent with a soft landing.
• Downwards revisions to World Bank and International Monetary Fund forecasts and associated risks are just catching up to the market concerns of three or four months ago.
• While shares are at risk of a short-term correction and Europe remains a source of volatility, the improved global economic backdrop is a positive sign for shares and related growth trades going forward.

see the full report here http://www.ampcapital.com.au/K2DOCS/site_ampci/37A8C0C3-A5C9-4084-B028-48056316EB2C/2012-Jan-25-Olivers-Insights-The-global-economy-looking-a-little-less-scary.pdf?DIRECT

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