‘STEADY AS SHE GOES’, SAYS BARCLAYS WEALTH RESEARCH
Isle News, 9 July 2009 –Barclays Wealth Research:
Fears of a Great Depression have receded – helping equity markets to rally since their early March lows. The focus has shifted to the shape and longevity of the recovery. We expect a ‘deformed’ V-shaped business cycle, in which the up-leg has a shallower slope than the down-leg.
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