Analysis: Investor optimism overlooks problems

There's no sense in denying that the global economy is recovering, but the wave of optimism sweeping through financial markets ignores serious and fundamental problems with the economies of Europe, the U.S. and Japan, according to The Economist. "The latest bout of optimism in the markets is welcome, but governments should not let it infect them with a dangerous complacency," the magazine notes. "Politicians may have avoided catastrophes, but their policies are still flawed," it adds.

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Economist (tiered subscription model), The · Knowledge@Wharton

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