The market expects a summer rally
Posted by admin on February 2, 2010 under finance | 
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The expectations for the short-term focus around a market recovery. “Our view is positive,” says Mario Spreafico, manager of Royal & Sun Alliance, “We expect a summer rally, which will probably arrive by the media and technology stocks. Unfortunately, the markets of the old continent are still very much tied to the time evolution of the Nasdaq. More difficult to believe instead in a sharp rise in the securities of the telecoms sector, downgraded by the major investment banks.