Good to connect to you in 2010! i am enclosing a set of forecasts for 2010 and from the outlook for global markets, there is a sense of cautious optimism. Lets hope for the best and keep our fingers crossed. This is a global forecast, the forecasts for the region may be decoupled from the global outlook. Global Forecasts 2010 : The Forecast Maze The latest Merrill Lynch Fund Managers Survey showed that 80% of fund managers expect the economy to grow next year. Expectations for corporate profits are at their highest level since late 2003. Last month the survey showed that 52% of fund managers expected 10% earnings growth or more in 2010. The latest reading showed a robust 62% of managers now see 10%+ growth in earnings. 6% of managers are underweight cash while 18% were overweight cash as of last month’s reading. Meanwhile, strategists are once again predicting higher equity prices next year, which appears like the same safe bet they make each year. But there are tales of caution coming from some major financial institutions. Let us take a look at some forecasts for 2010.
Read Forecasts : http://sunandoroy.org/files/2010/01/global-forecasts-2010.pdf
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