2011 is Shaping Up to Be a More 'Normal' Year | Company Comment | Commentary | News | Hemscott
Economic & Financial Market Background
In recent months official economic data and survey reports have generally proved to be stronger than consensus expectations. This trend continued through November, leading to a number of the main investment houses revising global growth forecasts higher for both this year and next. Those yet to do so generally acknowledge a reacceleration in activity is underway but have been hesitant given the uncertainty created by the evolving eurozone sovereign debt crisis and fiscal decisions in the US.
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