What's Ahead: Today's Economic Outlook - Equity Research on Corning Incorporated and 3M Company
(firmenpresse) - MACAU -- (Marketwire) -- 10/19/11 -- Today, announced its research report highlighting Corning Incorporated (NYSE: GLW) and 3M Company (NYSE: MMM). Full content and research is available at .
Short-term outlooks within US and global economies continue to adjust downward, as US Treasury yields touched their lowest levels in over 65 years. International Monetary Fund downgraded estimates for US growth by 1.0% this year, down from 2.5%. 'Significant downside risks' to the US economy were confirmed by the Federal Reserve pressured by 'strains in global financial markets.'
As the US dollar trades above an eight-month high against the Euro, it highlights a deepening of the Eurozone sovereign debt crisis -- furthered by continued policy inaction from European governments. We expect continued volatility until economic data stabilizes and we see decisive policy action to deal with the Eurozone debt crisis.
Our members are preparing for a turn in tides. Currently, the Credit Suisse Risk Appetite Indicator is at a 30-year low. For the past three occurrences, this level has acted as a leading indicator of large stock market rallies 18 months following.
Equity Markets has reviewed Corning Incorporated for its current position within the technology industry. Corning Incorporated (Corning) is a technology-based company. Corning operates in five business segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials and Life Sciences. Display Technologies segment manufactures glass substrates for matrix liquid crystal displays (LCDs). The full research report on Corning Incorporated (NYSE: GLW) is available here: .
Equity Markets has reviewed 3M Company for its development within the conglomerates industry. 3M Company (3M) is a diversified technology company with a presence in industrial and transportation; health care; display and graphics; consumer and office; safety, security and protection services, and electro and communications. The full research report on 3M Company (NYSE: MMM) is available here: .
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Samuel Littman
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Datum: 19.10.2011 - 07:00 Uhr
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News-ID 1047549
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