EUROPE/UK - Investors are "uncertain and confused" by the way the UK equities market is recovering from the downturn, research from Commerzbank Securities shows.
The securities and brokerage firm said investors had been expecting a “normal cycle” of recovery – one that is led by investment and employment.
But Commerzbank says that as the downturn had not been typical, institutional investors should look at other indicators – such as manufacturing growth and profit levels – to judge the strength of recovery.
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