Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Markets Cheer a Soft Landing


From Standard & Poor's Equity Research

Here are the notes from Standard & Poor's Investment Policy Committee meeting, held on Wednesdays.

Fundamental Outlook

S&P equity analysts expect third-quarter operating earnings for the S&P 500 to rise 14% from year-ago levels, marking a continuation of double digit year-over-year EPS gains. Similarly, for full year calendar 2006, we forecast S&P 500 operating EPS will rise 13%, to $86.57 per share, a new record.

S&P Equity Strategy believes recent positive momentum in the S&P 500 Index is being driven by increasing confidence in a soft landing for the U.S. economy in 2007. With investor's focus now shifting away from the prospect of tighter liquidity and towards easing liquidity, we believe visibility on healthy, albeit slightly slower, 2007 corporate earnings growth is rising.

S&P's Asset Allocation


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus