|
|
发表于 2011-11-21 02:25 PM
|
显示全部楼层
Some reality check (By David Rosenberg)
Hedge funds have not piled into the equity market to play catch-up.
The Super Committee did not come to a compromise (and remember Moody's has the U.S. debt rating on "credit watch" and Standard & Poor's still with a "negative outlook".., shades of August).
The Europeans have not managed to resolve let alone contain their credit crisis.
Germany has not acquiesced and agreed to having poor sovereign credits ride off its AAA rating via a "Eurobond".
The ECB has not moved towards QE. Nor will it — have a look at today's WSJ editorial on the matter. Brilliant.
Mr. Market saw through the Q3 earnings season and recognized the lack of visibility in the guidance provided.
China did not start to ease policy just because inflation rolled off the 6%-plus peak.
U.S. recession risks, as per the San Francisco Fed, did not recede and actually stayed above 50% even with the better statistical tone to Q3 and Q4 GDP.
|
|
狗仔卡
发表于 2011-11-21 02:39 PM
发表于 2011-11-21 03:25 PM