Global Investing

from MacroScope:

Investor sentiment roadmap

August 7, 2009

Investor sentiment goes through various phases in an economic cycle -- from optimism, euphoria to panic and depression, back to hope and optimism.

from MacroScope:

Hey Europe, stop acting so happy

January 26, 2009

Merrill Lynch economist David Rosenberg's views are well-known for bearing no resemblance to his firm's trademark bull, so when he says European clients seem too upbeat, what he really means is they weren't thoroughly depressed. The New York-based economist just got back from a marketing trip across the Atlantic and didn't find much common ground.