Firms 'sit on their hands' amid uncertain regulation

ON THE US

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KULLY SAMRA, UK branch director at Charles Schwab on the US

For more information on the US, search Adviserhound.com Last month, the National Bureau of Economic Research (NBER) confirmed the recession in the US officially ended in June 2009. As a result of the NBER’s declaration, the committee decided any future downturn of the economy would be a new recession and not a continuation of the recession that began in December 2007. As economic data continues to stabilise, talk of a double-dip recession has lessened, although some risks do still remain. However, we believe the economic expansion will continue at a sluggish pace and the market will c...

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