May 2009 Investment Brief
The flow of economic data continued to suggest that the worst was over in terms of negative growth momentum for the global economy, with a range of activity indicators improving from deeply depressed levels. The debate turned to whether a genuine economic recovery had now begun, or whether growth rates would remain depressed.
Global Outlook - There is increasing evidence that the downward economic spiral has been broken and we continue to look for some economic recovery in the second half of this year. However, growth is likely to remain fairly tepid for some time and the world economy still faces some major economic headwinds.
Read the full AMP Capital Investors May 2009 Investment Brief.
AMP Capital Investors
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