An official report from the US on BP's Gulf of Mexico oil spill in April has described it as 'avoidable'.
BlackRock's Bob Doll believes US equities will see a third consecutive year of double-digit percentage gains.
Investors in US large-cap equities could benefit from up to 30% upside in 2011, says Legg Mason Capital Management's Mary Chris Gay.
BP shares soared 7% to a six-month high on the FTSE 100 yesterday as compensation payouts for its spill in the Gulf of Mexico looked set to be lower than expected.
The US Federal Reserve will push ahead with its $600bn (£385bn) stimulus programme - dubbed QE2 - as it is not convinced by improved economic data in the US, meeting notes show.
Ignis' chief economist Stuart Thomson believes more quantitative easing in the US and UK is inevitable in 2011.
Beleaguered BP saw its shares drop 3% to 461p today as the US government revealed it is suing the oil giant for gross negligence over the Gulf of Mexico oil spill, and is seeking $21bn or more in damages.