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Yearly Outlook 2011

by on Feb 08, 2011

  • 891 views

Saxo Bank, the online trading and investment specialist, tends to be somewhat more pessimistic than the average financial analyst and were quite pessimistic on the whole recovery since 2003, assuming ...

Saxo Bank, the online trading and investment specialist, tends to be somewhat more pessimistic than the average financial analyst and were quite pessimistic on the whole recovery since 2003, assuming the low-rate environment would lead to speculative excesses worse than that of the dot-com bubble. Events during 2008, unfortunately, proved the thesis right.

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