Is World Economy coming back on track ?

S&P 500 Rally almost gained 4% in last 2 weeks. This is one of big jump after same duration of 1987.

This is all effect since earning margin are improving specially in manufacturing and car sales compare to last 3 years. As per one the analysis US market grew at a rate of 3.1% in last quarter, which is unexpectedly very improved.

Europe is still a big concern but one liner I would say that "Europe is important but it’s not the end of the world if they see a recession".

Central banks around the world have taken unprecedented measures to prevent the European debt crisis from triggering a global recession. In medium term view rate also be unchanged for a fed and central bank.

Market will recover for a while now or medium term , let see how much will sustain in longer term.One thing is sure the world economy now required a long term nurture and support from various financial measure to correct it timely. Bumpy roads are ahead but further positive moves are still there.

I hope world market is on right track now.( if we are not wrong)...