| |
|
| |
Financial Planner
Hot Topics |
| |
|
| |
|
| |
|
|
| |
Financial Planner
Resource Center
|
| |
|
| |
|
|
|
|
 |
New York Financial Planning Newsroom |
|
< Back to New York Financial Planning Resources
Global Economy Article, Investors See World Growth Risk From $70 Oil
NEW YORK and LONDON, December 13, 2005
Investors expect the global economy to maintain its current momentum in 2006 so long as the price of oil remains below $69 per barrel, according to Merrill Lynch's Survey of Fund Managers for December. This is only $4 higher than the $65 per barrel average that Merrill Lynch's own senior commodities strategist expects for the next 12 months.
In keeping with their relaxed view on the likely impact of oil prices, investors participating in December's survey are confident the United States will avoid a recession next year. In a new question, 93 percent of fund managers deem two consecutive quarters of negative real U.S. GDP growth in 2006 to be either fairly or very unlikely. Six percent say such a scenario is fairly likely and only one percent says it is very likely.
Contact New York Financial Planning Professional
Contact a Financial Planning professional for the following New York cities:
- Astoria
-
Auburn
-
Bay Shore
-
Brentwood
-
Bronx
-
Brooklyn
-
Buffalo
-
Corona
-
Elmhurst
-
Elmont
-
Endicott
-
Fairport
-
Far Rockaway
-
Flushing
-
Forest Hills
-
Freeport
-
Hamburg
-
Hempstead
-
Huntington
-
Huntington Station
-
Ithaca
-
Jackson Heights
-
Jamaica
-
Jamestown
-
Levittown
-
Lindenhurst
|
- Lockport
-
Long Beach
-
Massapequa
-
Middletown
-
New York
-
Newburgh
-
North Tonawanda
-
Patchogue
-
Poughkeepsie
-
Rego Park
-
Ridgewood
-
Rochester
-
Rome
-
South Ozone Park
-
South Richmond Hill
-
Spring Valley
-
Staten Island
-
Tonawanda
-
Troy
-
Webster
-
West Babylon
-
Westbury
-
Whitestone
-
Woodside
-
Yonkers
|
|
|
|
|
|
|
