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Optimism for Recovery Overstated

Tuesday, 16 Jun 2009 | 5:00 AM ET

After the ZEW index showed economic sentiment on the rise, Roger Nightingale from Pointon York told CNBC, â??Most of the data that people are looking at and saying is good isnâ??t actually good â?? itâ??s just less bad than it was.â? He said, â??We shouldnâ??t be too optimistic at the moment.â?