Investment Matters - October 2009

Global economy improves, but recovery will be slow

In August, the Federal Reserve commented that the worst of the US recession could be over, and the US housing market appears to have stabilised.

In Europe, France and Germany moved out of their year-long recessions, recording modest growth in the second quarter.

The UK economy remained in recession, contracting by 0.6% in the second quarter. The Bank of England believes that any recovery in 2010 will be fragile.

Read the full article here » ‘Investment matters’ October 2009.