The markets are still very defensive in tone. Airlines are still being hit quite sharply. But we saw some renewed interest in some of the telecommunication names.
More Quotes from Khuram Chaudhry:
If there are no interest rate cuts before the end of the year, the concern will be that we are going down the deflation road, since economic data is unlikely to turn up of its own accord,Khuram Chaudhry
It looks like the worse the outlook for corporate profits the better it's becoming for investors who are beginning to sense that perhaps the central bank will not raise interest rates again.
Khuram Chaudhry
Markets in Europe moved down after a turnaround in the U. S. markets. The good news was that the Bank of England cut interest rates at the same time other European bourses and the Bank of Japan joined in,
Khuram Chaudhry
We're finding that the data from the U.S. on industrial activity were pretty weak. It's so-so on the consumer although housing activity is still holding up. When you look at Europe, Sweden and Hungary both cut interest rates this week.
Khuram Chaudhry
The Royal DutchShell story could be a drag on the sector today.
Khuram Chaudhry
The worse the outlook for corporate profits the better it's becoming for investors who are beginning to sense that perhaps the central bank will not raise interest rates again, ... When liquidity is in poor supply, it's good for stocks versus other asset classes.
Khuram Chaudhry
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Based on Keywords: telecommunicationIt's hard to know whether certain characters come to life or not, they either come to have their own life or they don't. I've written many things in which the characters just remain inert.
Neil Jordan
Perfection irritates as well as it attracts, in fiction as in life.
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I know that every good and excellent thing in the world stands moment by moment on the razor-edge of danger and must be fought for.
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