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Monday, March 23, 2009

Asian Stocks, U.S. Futures Rise on Policy Optimism;

March 23 (Bloomberg) -- Asian stocks gained, pushing the benchmark index up the most in two months, and U.S. futures rose on optimism governments will revive lending and ease the worst slump since the Great Depression. Treasuries fell.

“We are building a base for the next bull market,” Mark Mobius, who helps oversee about $20 billion of emerging-market assets at Templeton Asset Management Ltd., said in Hong Kong today. “You have to be careful not to miss the opportunity. With all the negative news, there is a tendency to hold back.”

 

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