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U.K. Equities to Rise as Much as 20-25%
“We can expect U. K. Equities to rise as much as 20-25% in 2011. It is a paradox that the worst recession of a generation has made the U.K. one of the most attractive areas for investors today. The market continues to discount a highly uncertain outlook, though as companies realise that we are not heading for a double-dip, capital expenditure will rise”.
Quote by: Richard Buxton
Quote made on: 25/11/2010
Quote Submitted by: Financial Foot in Mouth
Source: Richard Buxton – Head of U.K. Equities, Schroder
Editor's Notes
In the event, the FTSE 100 started this year at 5899.94 and, as I write on 15 December 2011, it stands at 5428. We are all looking forward to the 1650 point end of year rally over the next few days so as to avoid any embarrassment at Schroders, and no doubt Mervyn King will now be able to enjoy his Christmas pudding with the knowledge that his worst fears about a “double dip” have been unfounded.
(6 votes, average: 9.17 out of 10)
Loading ...Published on: October 19, 2011
