Investor sentiment reaches new highs

May 24, 2009

Banc of America Securities-Merrill Lynch's Michael Hartnett notes, however, that the rush to take risk is reminiscent of bubble-like behaviour.

Bullishness in global markets has reached new heights with seven out of 10 investors predicting the world economy will improve in the next 12 months, according to the Merrill Lynch fund managers' survey for May.

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