Outlook for Investment Markets
Concerns about the outlook for the US economy continue to ease, while the emerging economies continue to shoulder the burden of maintaining world economic growth. Although there will continue to be periods of volatility and pockets of austerity, particularly in the Eurozone, the indicators all continue to point to a slow but sustained strengthening of economic growth. The New Zealand economy is showing clear signs of recovery, with spinoff benefits for company earnings and the outlook for the sharemarket.
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