Hamish McRae: Sense of foreboding in markets is not warranted by world growth prospects
Submitted by Big Bear on September 3, 2010 – 1:00 amNo Comment
The markets are being too gloomy about the recovery. If that sounds a bald (and bold) statement, let me put the point a bit more precisely. There are many reasons to expect that the recovery, both here, in the US and elsewhere, will struggle in the coming months. I happen to think it likely that there will be some sort of double dip, though not a return to actual recession. But while there are …
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