An extract of the March 2010 edition of Investment Strategy
Slightly less nervousness in the past month
The sharp correction with which the year began halted around February 8 to make way for a phase of return to relative quietness, with a decline in risk aversion. The stock market indices rebounded, but the trend is not uniform and markets have not completely returned to the levels that prevailed before the decline.
In the short term: maintain the position in risky assets
Investors are gradually adapting their scenario to the news. The possibility of a gradual slowdown in global growth is slowly becoming accepted, while the industrial rebound is proving unable to spread to the economy as a whole in the developed countries.
In the short term: maintain the position in risky assets
Investors are gradually adapting their scenario to the news. The possibility of a gradual slowdown in global growth is slowly becoming accepted, while the industrial rebound is proving unable to spread to the economy as a whole in the developed countries.
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