The foundations of a bottom

The foundations of a bottom in the global business cycle appear to be in place, suggesting a turn for the better in economic news of the next 3-6 months, Barclays Capital says in a quarterly research publication, titled, "Global Outlook: Green Shoots Have Arrived." It's recommending investors position more aggressively in select regions and asset classes. "The beginnings of a global economic recovery are evident," said Larry Kantor, head of research. Recovery is underway in emerging Asia, after which the US should be watched as the next region to recover, Barclays says.