Although global stock markets could encounter some near-term setbacks

September 30th, 2009|by Michael Ashley Schulman, Perspectives, The Big Picture|

Although global stock markets could encounter some near-term setbacks, there is no evidence of impending major cyclical problems. Within the U.S., the very low interest-rate environment plus a cheapened dollar will foster an earnings rebound for corporations – especially when compared to last year’s dismal results – suggesting that the cyclical bull market in stocks […]