Barclays Strategist: Learn To Love The Recovery

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So over the rest of this year, the standard cyclical timing of a US economic turning point tells us pessimistic expectations are likely to collide with the economic reality of a strong recovery.  The net result is almost inevitable, in the shape of an inexorable continuation of the equity rally.

– Tim Bond, Head of Asset Allocation at Barclays Capital, “Insight: Learn to love the recovery”, Financial Times, July 29

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