Three out of five global investors say the world economy has weathered the financial crisis and has stabilized two years after the collapse of Lehman Brothers Holdings Inc.
Few believe the economy is recovering, with only one in six of those surveyed describing it as expanding, according to a global quarterly poll of 1,408 investors, analysts and traders who are Bloomberg subscribers. Forty-one percent aren’t convinced the financial situation is stable and say further turbulence is likely.
“When taken as a whole, the world has stabilized,” says Uzi Zimmerman, a respondent to the Bloomberg Global Poll and managing member of Ventura Capital Management, a hedge fund in the Los Angeles area. “The emerging markets of Asia and Latin America are providing support to the global economic malaise.”
There are still danger spots, including the threat of government defaults, respondents say. Over the last three months, the percentage of those who say it’s likely Ireland will default more than doubled to 37 percent, according to the poll, conducted on Sept. 16-17. Still, a majority see this as unlikely. (more)
No comments:
Post a Comment