Earnings have been better than expected. Investors are confident and there's a reallocation of assets in favor of stocks. |
Earnings have been better than expected. The negative factor is that earnings weren't too far from expectations. We're starting to be cautious about 2007. |
Investors are confident, and there's a reallocation of assets in favor of stocks. Earnings have been better than expected. |
We've been playing the telecoms sector. We think consolidation could come and it's a sector that has underperformed for many months. |