Argentina's problems seem to be mounting with negative consequences for the country's debtors and many quoted European companies.
Thierry Lacraz
The high beta sectors, such as technology and basic resources, that have led the market rally since September 11 look somewhat overvalued.
technology market
problems negative consequences
For the last two days and the next few days, what's driving the market is the lack of bad news. This rebound could last two or three weeks.
days bad news market lack driving
Iraq is the main worry. We've broken important technical support levels in the last couple of days as the market worries about growing geopolitical tensions.
worry days worries growing support iraq market broken important
Earnings growth is still improving and Europe has the advantage to be late relative to the US economic cycle.
growth improving europe
You must log in to post a comment.
There are no comments yet.