Institutional investors’ outlook for global growth improved in the third quarter, with more than two-thirds, 68%, saying a double-dip recession is unlikely, a survey of 83 managers by Northern Trust Global Advisors found.

They also expect the balance of power to shift in Congress through the November elections, and the market to respond favorably. That coupled with a slight improvement in unemployment in the next six months, cited by 67%, should help the markets.

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