Global stock markets rebounded yesterday as fears about a possible worldwide flu pandemic subsided in spite of a rising death toll in Mexico.
UK and European shares reached their highest levels for 2½ months, and there were firm gains on Wall Street and in Asia.
Peter Oppenheimer, strategist at Goldman Sachs, said global stock markets had passed their cyclical low and equities should provide the strongest returns of any asset class over the next 12 months.
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