Is it strong enough?
Global update Market doubts about the sustainability of the US recovery were fuelled by disappointing US non-farm payrolls and US consumer confidence. It was not all bad news, though. There are more signs of global housing stabilisation and the Asian recovery is proving very strong. We continue to look for a stronger-than-expected rebound in global growth in H2 09 as the inventory cycle will likely prove stronger than generally anticipated. The job market is expected to improve as the economy
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