Wednesday, Jul 19, 2006
Choppy economic times ahead?
TimesOnline: Investors' outlook hits five-year low on the gloom scale
Investors around the globe are hunkering down in the belief that choppy economic weather is on the horizon.
Sentiment has rapidly shifted with 60% of investors now expecting the world economy to weaken in the coming year. Just three months ago only 5% of respondents held that view.
Posted by denzil @ 12:07 PM (150 views) Add Comment
3 Comments
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1. Q_phreak said...
Three months ago there wasn't such conflict in the Middle East.
2. denzil said...
>>Three months ago there wasn't such conflict in the Middle East.
As the survey was mainly conducted before the troubles in the middle east my guess is that the figure for pessimistic investors would be greater if the survey were performed today.
3. Elpapasito said...
And remember confidence matters in these bubble asset markets