Jan 31, 2011

Davos conference marks peak in global confidence bubble?

The momentum is back and very noticeable. The key word is confidence, the cheapest stimulus there is. With or without the statistics to support it, confidence is still important.

~William Green, chairman, Accenture, as quoted at the 2011 Davos conference, "At Davos, Emerging Markets Were the Stars", Barron's, January 29, 2011

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