Analyst says PSEi to close above 5,400 by year-end

Posted at Nov 02 2012 03:11 PM | Updated as of Nov 02 2012 11:11 PM

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Some analysts fear the world's largest economy could fall back into recession, if the next US president fails to solve the country's fiscal problem. That would be very bad for global stock markets, but a local analyst says he's not worried about the Philippines, especially withe election spending kicking in next year. ANC Dateline Philippines