Investors bullish on FTSE in 2010

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Despite ongoing economic turbulence and market volatility almost half of investors (44%) are bullish in their outlook for 2010, according to research.

A poll of Barclay's stockbrokers' investors reveals half believe the recent FTSE rally will continue, compared to a third (34%) of investors in November 2009. This represents an increase of 29% in just two months. A fifth of respondents (22%) are bearish in outlook, and don't expect significant market recovery in 2010. This contrasts with the situation two months ago when 27% maintained a bearish position. However, the economic uncertainty means a third of those surveyed (34%) are still undecided in their outlook. Barbara-Ann King, head of investments at Barclays Stockbrokers, says...

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