Investors Give Bernanke High Marks in Bloomberg Global Poll

By Prne, Gaea News Network
Monday, July 20, 2009

NEW YORK -

The world’s most influential investors give Federal Reserve Chairman Ben S. Bernanke high praise for combating the worst financial crisis since the Great Depression, according to the first-ever Bloomberg Global Poll, a quarterly survey of economic, financial and political attitudes among Bloomberg users worldwide.

The first Bloomberg Global Poll interviewed a random sample of 1,076 subscribers to the BLOOMBERG PROFESSIONAL(R) service, a universe of more than 300,000 decision makers in finance, the markets and economics. The survey provides a window on how this valuable community of investors views the prospects for economic recovery, investment opportunities and risks in the wake of the first financial crisis since the Great Depression.

Nearly 75 percent of investors surveyed hold a favorable view of Bernanke’s policies and 61 percent say the world economy is stable or improving. They are willing to take on more risk as they hunt for investment opportunities, and see the greatest potential in China and India. While investor confidence is growing, 71 percent are pessimistic about Eastern Europe, 67 percent about Western Europe, 62 percent about Japan and 55 percent about the U.S., according to survey results, which are available at www.bloomberg.com.

The Bloomberg Global Poll was conducted by Selzer & Company, whose survey of Iowa Caucus voters in 2008 was the only one to accurately predict Barack Obama’s victory. The firm has conducted surveys for more than two dozen major newspapers in the U.S., and was named the best of 32 polling firms ranked by polling Web site FiveThirtyEight.com.

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Source: Bloomberg

Angela Martin, Bloomberg LP, +1-212-617-1211, angelamartin at bloomberg.net

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