JUST before the new year, James E. Glassman and his associates at J. P. Morgan made a big change in their economic outlook, updating their growth forecast for the first quarter to zero from a decline, at an annual rate, of 2percentt.
Tech proved to be an ugly place to be last week following a handful of earnings reports and outlook updates.
But to be any more precise would violate this column's fairly strict prohibition on calling the market.*As well as reading the book, see "Valuation Ratios and the Long-Run Stock Market Outlook: An Update", by John Campbell and Robert Shiller.
To use this option, you can start typing in the name of a location when you're creating an event, and Outlook will update the event with a map.
The 2011 CFO Outlook Spring Update is based on the opinions of 275 financial executives from companies with annual revenues between $25 million and $2 billion in two sectors: manufacturing, and commodities and services.
Below are 14 financial concerns that American financial executives were most likely to rate as 8 or above on a Scale of 1 to 10 according to Bank of America's 2011 CFO Outlook Spring Update.
* UPDATED: S&P, though, have Finland on negative outlook (details) Updated at 11.58am BST 7.59am BST The German finance ministry issued a robust response to Moody's decision to cut Germany's credit rating to AAA with a negative outlook.
The Mid-Year Economic and Fiscal Outlook (MYEFO) updates Australia's economic outlook from the previous budget.
"GM's outlook and strategy update at the Detroit auto show on Jan . 11reinforced our expectation for positive earnings momentum in the fourth quarter of 2006 and the first quarter of 2007," said Robert Barry, an analyst for the research company.
"GM's outlook and strategy update at the Detroit Auto Show on January 11 reinforced our expectation for positive earnings momentum in the fourth quarter of 2006 and the first quarter of 2007," said Robert Barry, an analyst for the research firm.
