The Australian Financial Review --- Page: 33 : 16 March 2007 Original article by Corinne Lim
ABIX Summary
Further volatility in global sharemarkets can be expected in the near-term, particularly ahead of the upcoming profit reporting season in the US. The problems in the sub-prime mortgage market in the US will continue to be a concern for investors, but there are indications of an improvement in the US housing market. Meanwhile, the outlook for the global economy remains good, and the risk of a significant economic slowdown or recession in the US is no greater now than it was at the beginning of 2007.
