Thursday, September 17, 2009

Global Confidence Is at Record High as Slump Eases

Confidence in the world economy held at a record high in September after reports suggested the recession is over and officials said they won’t rush to withdraw stimulus, a Bloomberg survey of users on six continents showed.The Bloomberg Professional Global Confidence Index rose to 58.54 this month from 58.12 in August. The index exceeded 50 for a second month, which means there were more optimists than pessimists. Measures of confidence in France and Germany surged after their economies unexpectedly grew last quarter.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=am2uChCc8dqs

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