Credit Suisse Weekly
Among the sectors which have started to gain the attention of value investors are the technology and
- The ECB and the BOE left the benchmark unchanged. The ECB believes that the problem with the European and US economies is not the level of interest rates but the lack of confidence and a great deal of uncertainty prevailing in all these economies.
- Monday, October 14 - 2002 at 16:47
Negative sentiments prevailed in Europe and the Euro STOXX50 closed the week 5% lower
- The week was filled with the much expected economic indices coming from the US (ISM manufacturing index and unemployment rate) which in combination with profit warnings and downward revisions of earning forecasts from both sides of the Atlantic set the framework for this week's market movements
- Monday, October 07 - 2002 at 18:12
After a long period of bad news the newsflow turned slightly more positive
- Equity markets have reached an important inflection point. With key economic data (ISM, US employment report) and the 3Q02 result season ahead, equity markets could be due for a technical rally IF no major disappointments occur.
- Monday, September 30 - 2002 at 16:49
Volatile markets
- With these volatile markets, we believe gold mining stocks could offer an alternative to investment portfolios due to its negative correlation to the major stock indices.
- Monday, September 23 - 2002 at 20:39
We expect European markets to fall below the levels of July 24, 2002
- Despite September 11 out of the way we see no reasons for relief. This week's focus will be on the upcoming OPEC meeting and the political development in the Middle East.
- Monday, September 16 - 2002 at 17:32
We expect another volatile week ahead and recommend using strength to reduce positions
- Apart from political uncertainties the lack of convincing macroeconomic data and no signs of an earnings recovery remain our biggest concerns.
- Monday, September 09 - 2002 at 16:17
Disappointing mid quarter updates have brought investors back to reality
- With the summer holiday period ending and after a period of little but slightly more positive news in August, markets returned to their declining routine.
- Wednesday, September 04 - 2002 at 09:13
Cut in chip manufacturers capital spending
- After a rally of almost 16% since the lows on July 24, markets are due for a pause as macro-economic data remain weak. Thursday's IFO confidence Index will be crucial for European equity markets
- Tuesday, August 27 - 2002 at 12:41
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