[lbo-talk] Under a Cloudless Sky

[mike larkin]

"Merrill Lynch's September global fund manager survey
revealed a "substantial improvement in investor
sentiment," with portfolio managers shrugging off any
residual concerns that the pick-up in global equities
may be short-lived. 

"The picture this survey paints is of a cloudless
sky," said David Bowers, Merrill's chief investment
strategist. 

"We are back in a world in which fund managers want
companies to be run for growth, not run for cash,
where inflation is more of a worry than deflation and
where equities are considered to be fairly valued
despite the recent rally." 

http://biz.yahoo.com/cbsm-top/030916/b109a841e629c392b92c1805ed6f3bab_1.html

In short, another bubble.

__________________________________
Do you Yahoo!?
Yahoo! SiteBuilder - Free, easy-to-use web site design software
http://sitebuilder.yahoo.com