As signs point toward a recovery across the pond, we ask industry experts whether the current progress can be maintained...
Nicholas Cowley, Henderson Horizon American Equity fun Still a safe haven The recovery from the excesses of the credit boom was never going to be a straight line and there are headwinds that make it easy to suggest the recent momentum shown by the US economy will not be sustained. Various tax cut extensions and loopholes are due to expire over the course of 2012 while deleveraging in the banking sector continues to hold back loan growth. However, there are tailwinds too. The Federal Reserve is maintaining a very loose monetary policy, standing by with QE3 at the ready, whil...
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