AMVESCAP forecasts US economy to recover next year

AMVESCAP PLC Executive Chairman Charles Brady expected that the US revengeful action is a long one but the influence on financial institutions would not be significant since limited places are involved. He forecasted that the US economy will begin to recover next year. The US stocks are not expected to restore the previous glamour as the stocks had outperformed then. Hong Kong's economy will be affected in a short period of time since Hong Kong heavily relies on exports.

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