Wednesday, April 11, 2012

Bank Sarasin’s Global view: Global economy takes a deep breath

The latest Global View published by Bank Sarasin Research on the economic outlook predicts that both the USA and Euroland will revert to a growth path in the second quarter of 2012. The upswing should pick up momentum in the coming months and continue into the third quarter of 2012. Apart from the easing of the credit squeeze and the abating euro debt crisis, the main impetus to growth is coming from the improving global economy. The falling level of risk has triggered a strong rally on financial markets.

Philipp E. Baertschi, Chief Strategist at Bank Sarasin
© 2012 Al Bawaba (www.albawaba.com)

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Source: http://www.albawaba.com/business/pr/bank-sarasin%E2%80%99s-global-view-global-economy-takes-deep-breath-420593

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