S&P 500 to hold above 1525 with bottom likely in mid-July: Deutsche Bank analysts
July 1, 2013, 11:18 AM
Analysts at Deutsche Bank say second-quarter financial results won’t be good enough to resolve continuing uncertainty over the U.S. economy.
However, in spite of the recent selloff, equities remain a safe bet over the long term, argue David Bianco, Priya Hariani, and Ju Wang.
The analysts cite commodity and currency strength since stock selloff started in late May. “To our relief, oil prices held up very well with WTI $92-98 and the Euro e EURUSD -0.06% successfully defended $1.30, this supports S&P EPS.” |
发表于 2013-7-1 22:47
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