ECB prepared to hike rates tomorrow?
While the Portuguese left hand makes markets with right hand, Credit Agricole assures there is no reason to fear the End in periphery.
Wednesday, April 06, 2011
Rate Hikes, Equity Pullbacks & Relative Sector Performance
European equity strategists at Morgan Stanley remind us how the stocks behave anticipating rate hikes by Fed, at least in 2004 tightening episode. Click on charts to enlarge, courtesy of Morgan Stanley.
ECB prepared to hike rates tomorrow?
While the Portuguese left hand makes markets with right hand, Credit Agricole assures there is no reason to fear the End in periphery.
ECB prepared to hike rates tomorrow?
While the Portuguese left hand makes markets with right hand, Credit Agricole assures there is no reason to fear the End in periphery.
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