Nomura has surveyed its clients on 2011, and the responses paint a pretty clear picture of what range of expectations investors should have for 2011.There is general bullishness around equities, positivity about U.S. growth, but pessimism around unemployment.
Investors also see bubble, in gold, Asian real estate, and emerging market equities.
We’ve picked out the most interesting results that should give you a clue as to what other market participants see to come in 2011. In other words, if you want to see what conventional wisdom looks like, this is it.
The big three are all represented here, bubbles seen in gold, Asian real estate, and emerging market equities.
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