High Hopes for 2012
We are nearing the end of the prediction season, perhaps thankfully, but as the detective Columbo used to say on the NBC Mystery Movie -- "One last thing . . ." In this case, as we gaze forward into the 2012 equity market, let us gauge investor sentiment by perusing results from the CFA Institute Global Market Sentiment Survey. The survey was taken in early November, and compiled over the following few weeks. The survey takes the pulse of more than 2,700 professional money managers and analysts, so it's a good tell on how institutional investors are feeling as they head into 2012. What do they think of the coming year?
On the economy, it's no surprise that most members are more positive on their own region than they are on the global economy -- except the Europeans, naturally. One interesting data point is that more Asians felt that the global economy will contract this year, as compared with Americans or Europeans. Perhaps this indicates fear that China will drag down the world? ...224 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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