Grab This Misguided Discount in Oil and Gas

We've seen some signs lately that the global economy is struggling its way to a recovery. In recent weeks we've witnessed better, if not fantastic, news out of Europe that seems to indicate things have at least stopped getting worse in the Old World. Manufacturing is growing, albeit at a snail's pace; unemployment has improved slightly; and purchasing managers have expressed more confidence in the future. Over the weekend, Central European factories reported that both output and demand were up in August. The European Commission expects the region to exit the recession in the fourth quarter of this year, and to actually grow a little in 2014.

Meanwhile, I am uber-skeptical of everything that comes from China, but the nation appears to be back on a growth path after a slowdown for a couple of quarters. China's version of the purchasing managers index improved in August, as did the PMI kept by HSBC. J.P. Morgan and Deutsche Bank both raised their growth-rate estimates for the world's largest emerging market. Even Japan is getting in on the recovery scenario, having put in improving economic numbers over the past few weeks....652 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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