Merrill Lynch Forecasts China and Us Markets to Lead Global Recovery
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Summary
HEAVYWEIGHT investment bank Merrill Lynch yesterday substantially upgraded its forecasts for global growth on the back of signs of recovery in the United States and China but warned that the world will emerge only slowly from recession.
Banc of America Securities-Merrill Lynch Research raised its forecast for global economic growth for 2010 to 3.7per cent from 3.2per cent.See the full content of this document
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Merrill Lynch Forecasts China and Us Markets to Lead Global Recovery
Its economists are predicting the US economy will grow by 2.6per cent next year, compared with a previous estimate of 1.8per cent, driven by government ...
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