Negative outlook misses global picture

Cash reserves and strong exports point to corporate upturn, writes Alan Duffy

16th April, 2011

Ignore the prophets of doom. Headline figures relating to government debt don’t reflect the health of the economy, which is in fact thriving It may be time to question the prevailing negative outlook about both the global and Irish economies.

There is growing evidence that global economic forecasts are unnecessarily negative - evidence primarily from corporate performance and activity over the past 18 months.

Company earnings in Asia, Latin America and Britain all now...

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