Anything that stands still feels like it is going to get taken over. It's interesting how these companies are splitting out. |
By the end of the first quarter you will have had upgrades to profit forecasts, upgrades to GDP forecasts and upgrades to peoples expectations for the performance of European equities into the balance of the year. |
Domestic demand is starting to see signs of good improvement. We will still get a good return from Japan. |
Given what's happening in Europe, which could be a knee-jerk reaction to what happened in the U.S. Friday, we're probably going to be down again (in the U.S.). What's been happening is that investors have a burst of energy for a week, then it starts to unravel. |
I think everyone wants the markets to move higher -- there might be something of a rebound. But the scene will be set by the ISM. If that's weak, as our manufacturing numbers were in Europe, I think the market will be going down again. |
If ground troops go in there could be between a 5 and 10 percent downside across the board for equities. |
If you're looking at the Chinese banking market, it's underdeveloped, offering good opportunities for growth. |
It needs a further catalyst to boost the market. |
It's easy to look back and say mistakes were made, but it was a very competitive environment. |
London's trading is probably more closely linked to that of Wall Street than the other markets in Europe. |
Over the last couple of months the market has done relatively well and is now pausing to consolidate the gains. |
Service-sector inflation has been picking up. Wage inflation has shown some signs of picking up so, unlike the U.S., [Britain] does have some worrying signs of inflation. |
The [European] market is taking its lead from Wall Street, and there's increasing concern we will see the impact of slowing corporate profits turn up on stock prices. |
The Vodafone picture is disappointing, but consistent with the industry. |
The Vodafone picture is disappointing, but consistent with the industry. We've certainly not been excited about the sector. Consistent disappointments -- that's when share prices suffer. |