Positive forecasts for global growth next year


International investors forecasted a positive global economic outlook, as more than half of respondents have high expectations for a solid economy growth over the next year, reported Times of Oman. China on the other hand, didn't meet the investors' aspirations, they even predict a weakining economy for the country next year. Michael Hartnett, chief investment strategist at BofA Merrill Lynch Global Research stated: "With the support of a host of buy signals in recent weeks, the 'Great Rotation' is in full force. Our positive view of equities would be further reinforced if the loss of faith in China's growth story turns out to be overdone,".


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