A new Bloomberg polls show global capital markets investors expect the prospects of the US economy to improve.
The news service and trading terminal provider reports
More than two in five of those surveyed — 41 percent — identify the U.S. as among the markets that will perform best over the next year. That’s up from less than one in three who felt that way in September and is the biggest percentage for the U.S. since the survey began in October 2009. It’s also almost double that of the next two top-rated markets, Brazil and China, according to the quarterly Bloomberg Global Poll conducted Dec. 5-6 of 1,097 investors, analysts and traders who are Bloomberg subscribers.
The 41% is hardly a majority. The balance of those polled must believe that unemployment, the housing market, and gridlock in Washington will slow renewed GDP improvement Americans and American businesses are still concerned about what Congress and The White House will do about economic stimulation for 2012, and whether the Bush tax cuts will be extended again