Confidence Improving
At least for Bloomberg users
Brazil is top, Spain bottom
Confidence in the global economy improved for the second consecutive month in May on signs the worst of the credit squeeze may be over, a survey of Bloomberg users on five continents showed.
The Bloomberg Professional Global Confidence Index rose to 22.7 from April’s 14.5, with respondents becoming less pessimistic in every region. A reading below 50 indicates negative sentiment. The measure fell to as low as 13.1 in March.