aristos87
Αριθμός μηνυμάτων : 120 Points : 4830 Reputation : 106 Ημερομηνία εγγραφής : 03/11/2011
| Θέμα: Credit Suisse: Greece exit could boost S&P 500 Τρι Μάης 29, 2012 4:55 am | |
| An exit by Greece from the euro-area could initially trigger a fall to 1,200 for the Standard & Poor's 500 index (SNC:SPX) , but such an exit would also prompt an "aggressive policy response" that could lift the market 20%-plus, said analysts at Credit Suisse in a research note Tuesday. "Into a euro area breakup scenario, we believe the S&P 500 would fall to 950," the analysts said, adding that the probability-weighted fair value of the different scenarios is 1,440. The bad news, they said, is that the crisis will need to ramp up before the European Central Bank delivers the needed policy response. "Given markets tend to over-price in political risk and given probable lagged response of the ECB, we would not be surprised if equities fell another 5%, even in our core scenario," the analysts said | |
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