58 ordspråk av Subodh Kumar

Subodh Kumar

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 This is more a readjusting of expectations as opposed to a readjusting of the economy.

 Until we get clear signs of a corporate recovery, the market is going to remain is this tight trading range.

 Usually, the groups under stress bounce the most at a bottom since they would benefit the most when the economy improves,

 Very high short interest numbers could be a positive for the market since it suggests this market rally was not expected by bears. If the market has recovered, then people have to cover their short positions, which means there will be more buying power.

 We are seeing a pullback on stocks because many investors are concerned with the outlook for interest rates and with the economy at the start of 2006. The rebound in oil in the past couple of days is also hurting some stocks, especially the ones related to consumer spending, such as retailers.

 We expect better performance in the second half to follow a lackluster first half, with more uplifting assessment in the markets of issues like inflation, Fed policy, politics and earnings.

 We expect earnings momentum to slow but think an earnings decline likely only after mid-2007.

 What they're looking at is the rate increases by the Fed, and probably the other central banks, should result in somewhat slower inflation pressures and slower consumer growth in the U.S., which markets would like to see.

 What you have to accept is that we won't get very precise numbers until we have everything sorted out.

 With close to 20 per cent of the S&P 500 companies having reported, year-over-year operating earnings growth for the third quarter at 14.9 per cent appears in line (versus above consensus for recent quarters) but still good,

 With companies like GE we expect earnings to remain strong through next year, where the momentum with tech may begin to slow.

 You do have a diverse group of stocks moving upward compared to a narrow leadership.

 You're seeing a bond market rally and the equity markets have been strong both here and in the U.S. so I think that the markets are looking beyond the (rate hikes,)


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