Wall Street: fairly valued
Article Abstract:
US share prices could continue to rise, according to Goldman Sachs. US companies are continuing to report profits growth, and inflation is unchanged despite economic growth. Three factors could affect share prices in the short term. Earnings have been above average, but the election could affect prices if Bob Dole's tax reduction plans were likely to be implemented. Interest rates may rise, but they are not expected to be raised by much, and bond markets have already taken a rise into account.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Wall Street: we're off again
Article Abstract:
US share prices are in the late stage of a market that is rising, according to Salomon Brothers. Growth stocks with a good track record are likely to perform well. Petroleum services companies and consumer companies could perform well. Utilities, financial services companies and companies affected by business cycles are likely to perform less well if interest rates rise. The average share price of smaller companies is also not likely to perform as well as that of larger firms.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Wall Street: back to normal?
Article Abstract:
The Dow Jones index is recovering in Aug 1996 following a drop in Jul 1996 as evidence emerges of a slowing US economy. This has led to a reduction in fears of a rise in interest rates in the short term. Interest rates will still have to rise at some time and they may rise before the end of 1996. There is also concern that mutual funds may not continue to see such a high inflow of funds and that earnings forecasts for 1997 could be too optimistic.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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- Abstracts: Wall Street: stretched? Wall Street: cheap and nasty. Wall Street: earnings fears
- Abstracts: Wall Street: stretched? Wall Street: bond-driven. Wall Street: signs of panic
- Abstracts: Balanced view. Patience is leaden
- Abstracts: Small companies that have failed to deliver. Bad news about market stability
- Abstracts: Wall Street: on the line. US economy: earnings alert. Wall Street prepares for a profits squeeze