Despite recent market turmoil, investment banks are still positive on the outlook for the FTSE 100.
They are confident the index will rebound by 20% by the end of the year and finish 2011 above 6000 points. But with fears of a new recession mounting, is this prediction realistic? Mike Jennings CIO, Premier Asset Management Equity markets are reacting to the lack of political and financial leadership across the western world which has created precisely what equities hate most - uncertainty. The underlying problem of over indebtedness in many countries will take many years to ease and cannot simply be fixed overnight. Uncertainty will therefore remain for some ti...
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