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Posted on: Wednesday, February 03, 2010 4:46 PM
Author: Scribd Feed
Subject: Downunder Daily - Good Report, as Expected (Gerard Minack & Jason Todd)
| MORGAN STANLEY RESEARCH ASIA/PACIFIC Morgan Stanley Australia Limited+ Gerard Minack Gerard.Minack@morganstanley.com +61 2 9770 1529 Morgan Stanley & Co. Incorporated Jason Todd, CFA Jason.E.Todd@morganstanley.com +1 (1)212 761 7991 February 3, 2010 Downunder Daily Good Report, as Expected Exhibit 1 Strong Earnings Performance … The December quarter S&P 500 reporting has been very good. Wall Street, however, has not been. It seems that the good news on earnings has been trumped by adverse news elsewhere (Asian tightening, sovereign risk, bank regulation). It may also be a hint that t |
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