Morgan Stanley’s Graham Secker offered three reasons, to be precise. But first a bit of context.Secker calculates that since 1926, the real price return on European stocks...

A report out last month showed that British manufacturing is on the up, with the most positive figures in nearly fifteen years. David Stevenson explains, and tips the best company to buy in the engineering sector.

Insurer Chaucer is back on profit, helped by better investment returns, and expects further growth on the back of rising prices

This year will see a return to pre-recession levels of revenue for the chip industry, according to iSuppli.

For cash-rich investors who don't want to risk it all, there are very few options that offer much of a return, says Merryn Somerset Webb. Here, she picks two of the best savings accounts around at the moment, and, for the more adventurous, two cheap ways into China.

Housebuilder Bovis Homes, which has its South West headquarters in Gloucestershire, pledged to boost its number of sales outlets today after returning to profit during 2009.

Robert Churchlow investmentweek As macroeconomic data releases become more mixed and investor risk appetite shows signs of peaking, so stock and sector leadership within the equity market has changed.

Jaime Ramos Martin investmentweek After a return of more than 20% sterling terms in 2009, European equity market valuation is back to more normal levels at 12x forward earnings, but still attractive on historical terms with a 4% expected dividend yield.

Stephen Elliott investmentweek Following strong recovery in the second half of 2009, commercial property delivered a total return of +2.18% for the year (IPD Monthly Index December 2009), driven principally by capital growth of around 8% during Q4 2009 – a figure that would have been completely unexpected at the turn of the year.

Jose Cuervo investmentweek The global economy is at last enjoying a return to growth, albeit slowly, and given the progress so far we are very positive in our outlook for Brazil.