Investors confident of FTSE recovery

The broker reports a 58:42 buy to sell ratio amongst its stockbrokers although the US sub-prime mortgage crisis continues to weaken the markets. Just 25% of Barclays Stockbrokers investors believe the exchange will fall as the bank reports a 58:42 buy to sell ratio amongst its stockbrokers. Henk Potts, equity strategist at Barclays Stockbrokers, says: “We believe the underlying medium-term picture looks much brighter than current valuations suggest and anticipate that shares will rise 15% over the next 12 months. “Global growth remains strong, corporate profitability continues to outpe...