Aug 5, 2011

HSBC economist looking for growth in second half of 2011

Our economists are not forecasting a recession and, indeed, are looking for U.S. growth to accelerate in the second half. Investors should look to raise equity risk gradually over the summer.

~Garry Evans, global head of equity strategy, HSBC in Hong Kong, "Strategists Sticking With 17% S&P 500 Rally by Year-End on Rising Profits",, August 5, 2011

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