What's Ahead: Today's Economic Outlook - Equity Research on Halliburton Company and Key Energy Services, Inc.
(firmenpresse) - MACAU -- (Marketwire) -- 10/28/11 -- Today, announced its research report highlighting Halliburton Company (NYSE: HAL) and Key Energy Services, Inc. (NYSE: KEG). 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 Halliburton Company for its current position within the basic materials industry. Halliburton Company is an oilfield services company. The Company's two business segments are the Completion and Production segment and the Drilling and Evaluation segment. The Company provides a range of services and products for the exploration, development, and production of oil and natural gas around the world. It conducts business in approximately 80 countries. The full research report on Halliburton Company (NYSE: HAL) is available here: .
Equity Markets has reviewed Key Energy Services, Inc. for its development within the basic materials industry. Key Energy Services, Inc. (Key) provides a range of well services to major oil companies, foreign national oil companies and independent oil and natural gas production companies. The full research report on Key Energy Services, Inc. (NYSE: KEG) is available here: .
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Samuel Littman
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Datum: 28.10.2011 - 07:00 Uhr
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News-ID 1051028
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