Investors brighten on prospects for global economy

11/29/2012 | Bloomberg

Global investor optimism for the world economy is growing as more investors anticipate stronger growth in China and a resolution to avoid impending automatic budget measures in the U.S., according to a Bloomberg poll. The U.S. and China ranked first and second as the best places for investment among those surveyed. Overall, "the global economy is improving, recovering and healing, thanks to the U.S. and the emerging markets. More people are becoming wealthy; less and less are poor," said Andrea Guzzi, a poll respondent and vice president of IST Investmentstiftung fuer Personalvorsorge in Switzerland.

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