Slow improvement plus monetary backstopping equals a "potent brew" for growth, according to...

|By:, SA News Editor

Slow improvement plus monetary backstopping equals a "potent brew" for growth, according to Barclays' 2011 outlook, which forecasts U.S. GDP gains of 3% in 2011 and 3.5% in 2012. Europe's governments (especially Germany) are doing better than expected despite debt crises, and Barclays even turns positive on the euro (in the long term, anyway). Summary: great for stocks, bad for bonds, really bad for sovereign bonds.