Editor's note: As part of our partnership with PBS's Nightly Business Report, TheStreet's Stephanie Link will appear on NBR Tuesday (check local listings) to highlight her top stock picks for a global economic recovery.
Global economies and equity markets have improved significantly from their March 2009 lows. Manufacturing activity continues to improve, GDP has rebounded nicely and the global banking system has strengthened.The easy global fiscal and monetary policies of the past three years -- including the massive QE2 program in the United States -- not only rescued the world economies from one of the most severe recessions ever, but also provided the stimulus for growth. Commodities have surged, GDP has recovered and the consumer has remained resilient. All is not perfect: China continues to try to slow its economy, European debt remains problematic, and we're still assessing the damage from the devastating disaster in Japan -- an incredible personal and economic tragedy. But the recovery is evident, and I have three ideas that will benefit from the global economic recovery.