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Wednesday, October 10, 2007

After the shock, equities the only game in town

After the shock, equities the only game in town
Reuters - LONDON (Reuters) - As painful as the 2007 credit squeeze may be for the world's big economies nothing short of a global economic meltdown is likely stop investors betting on another leg of the 4-year-old equity bull run. For all the convulsions in

US August wholesale inventories up 0.1, sales up 0.4 pct UPDATE
Forbes - The inventory increase fell below the 0.3 pct rise expected by forecasters, a possible sign businesses are growing more concerned about economic growth. August sales, up 0.4 pct, were twice the expected 0.2 pct increase. July's wholesale sales number

Stocks Trade Mixed After Rally
CBS News - With investors thumbing through fresh quarterly results, new economic data did little to dislodge the market's pause Wednesday. A report showed inventories among U.S. wholesalers ticked up in August, while a trade group for real estate agents warned

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Any views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.