2009-11-20housingwire.com

"Fitch also indicated in the ABCP market commentary a positive outlook on global recovery despite recent projections by French investment bank Société Générale that 2010 might end in “global economic collapse” under a worst-case bearish economic scenario. Signs of green shoots in financial markets are gaining steam, Fitch said, although determining a timeline for the bottoming of company defaults is difficult to project."


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