Some economists are encouraging investors to disregard the world economy's slow start this year, according to Bloomberg Business.
Although global growth was at 1.7 percent for the first quarter after a five-year average of 2.8 percent, analysts at JPMorgan Chase & Co. and others are predicting a rebound to 3 percent in the second quarter and continuing at 3.3 percent in the third.
They attribute the predicted gains to a survey showing strong business sentiment, and recommend ignoring data such as a weak job market and falling retail sales and capital goods orders, according to the report.
Read more from
Bloomberg Business.[[In-content Ad]]