Summary
DON'T panic. Investors should still be in heaven in 2007, says Morgan Stanley.
The US broker is bullish about European equities because valuations are attractive, merger and acquisitions activity is buoyant and the macroeconomic outlook is benign.See the full content of this document
Extract
A Bull Forecast for Next Year ; Market Report
It believes we have entered the second-half of the bull market and this means there will be more frequent corrections. However, investors can look forward to a 13pc total return on their investments. Not bad, eh?
Professional...See the full content of this document
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