Stocks to Surge in 2009, UBS Says; S&P 500 May Climb 53 Percent
Dec. 3 (Bloomberg) — Stocks in the U.S. and Europe will withstand a “full-blown” global recession to surge in 2009, UBS AG said.
The Standard & Poor’s 500 Index may jump to 1,300 by the end of 2009, a 53 percent rally from its current level, New York-based strategist David Bianco wrote in a report dated yesterday.
“The consensus outlook for 2009 is a full year of gloom,” Bianco wrote. “We believe 2009 will bring signs of a dawn in confidence with the first faint light appearing earlier than most investors expect.”
European per-share earnings will tumble 25 percent as the euro-zone economy contracts 0.9 percent, according to UBS strategists in London led by Nick Nelson. Still, price-earnings valuations may climb to lift the FTSEurofirst 300 Index 25 percent from current levels, Nelson’s team forecast.
The U.K.’s FTSE 100 Index may advance 41 percent to 5,800, UBS said in a separate note.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aN4B5n7cMvFI
ovi su oprečna mišljenja
o SPX
kažu da huge sellof(-9%) juče nije karakteristika bear rallya te predviđaju pad. ovo juče po njima je bilo flat abc (2)downttrenda te predviđeju pad sutra…
ako slijedi trica dolje na spx….šta slijedi i koji count na crobexu
http://www.stocktock.com/…/02/elliot-wave-update-9/
Kipica…..
JUROP RED [bye]
CROBEX GREEN [wink]
@darkus
ovo su predviđanja za 2009,a danas vrlo vjerovatno da će ameri dolje,sve ovisi o današnjim izvješćima
8:15 AM ADP Employment
8:30 AM Productivity-Rev.
10:00 AM ISM Services
2:00 PM Fed’s Beige Book
Banke su super likvidne kunama gdje će se to preliti
ima puno kuna na tržištu a dokaz je [url=”http://easyemoney.tk”%5Dovdje%5B/url%5D
Evo i poslovni je naznačio promjenu trenda odnos eura prema kuni…
http://www.poslovni.hr/102517.aspx
Ja vidim na kupnji preko tradera mnoštvo malih skrivenih naloga……….
Banke su super likvidne kunama gdje će se to preliti
ima puno kuna na tržištu a dokaz je ovdje[/url%5D
Evo i poslovni je naznačio promjenu trenda odnos eura prema kuni…
http://www.poslovni.hr/102517.aspx
I što je puno važnije jučer kamatne stope pale na cca 9%, za prekonoćno kreditiranje.
Pad kamatnjaka za 41%!!!!
Ljudi kaj vam nije bilo dovoljno to kaj kada je svijet rasta mi nismo.
Ameri su otišči 20% gore a mi 5% dole.
I sada se vadite na ovaj rast???
A ovo kaj se tiče 15.12. je istina.
O tome su jučer govorili.
Samo su naglasili da nije nužno 15 već tjedan prije ili tjedan kasnije.
A do tada će ova burza biti na koljenima.
Nemoj zezati,na koljenima kažeš [shocked] Što bi naravno po tvome trebalo značiti da je sad na konju?? Sad me još pokušaj uvjeriti da djed mraz ne postoji…. [lol]
Stocks to Rise in ’09, UBS Says; S&P 500 May Gain 53% (Update1)
Dec. 3 (Bloomberg) — Global stocks will withstand a “full-blown” recession and surge in 2009 as cheap valuations and efforts by governments to restore confidence in the financial system lure investors back to equities, UBS AG said.
The Standard & Poor’s 500 Index, which tumbled 42 percent to 848.81 this year, may rally 53 percent to 1,300 by the end of 2009, David Bianco wrote in a note dated yesterday. The New York-based strategist, who a year ago predicted a 2008 advance of 16 percent for the S&P 500, is now forecasting a gain that would exceed the index’s best annual performance on record.
The U.K.’s FTSE 100 Index may increase 41 percent from yesterday’s close to 5,800 in 2009, while the FTSEurofirst 300 Index may climb 25 percent from current levels, Zurich-based UBS said in separate notes.
“The consensus outlook for 2009 is a full year of gloom,” Bianco, 33, wrote in his 2009 market outlook. “We believe 2009 will bring signs of a dawn in confidence with the first faint light appearing earlier than most investors expect.”
The S&P 500 climbed 13 percent from an 11-year low on Nov. 20 as the government agreed to protect New York-based Citigroup Inc. from further losses and the Federal Reserve stepped up efforts to unfreeze credit markets. This year’s slump gives investors a chance to buy the biggest “growth” stocks in the S&P 500 at “deep discounts to intrinsic value,” according to Bianco, who recommends energy, technology and industrial shares.
Cheaper Valuations
The benchmark for U.S. equities is valued at 11.3 times the estimated earnings of its 500 companies, data compiled by Bloomberg show. The S&P 500 on average over the past five years has traded at 19.5 times the reported profit of its companies.
The U.K.’s FTSE 100, which is currently valued at 7.4 times profit, may climb to 5,800 next year, based on a price-earnings multiple of 13, strategist Gareth Evans wrote in a separate note. Price-earnings valuations may climb to lift the FTSEurofirst 300 Index 25 percent from current levels, a team of London-based strategists led by Nick Nelson forecast.
European per-share earnings will still tumble 25 percent as the euro-zone economy contracts 0.9 percent, they said.
“The macroeconomic and corporate profit outlook for 2009 is horrible,” Nelson’s team wrote. “But share prices have moved well ahead of this and are now pricing in a multi-year recession/depression.”
The brokerage also forecast gains for Latin American markets and recommended Brazilian equities.
Ljudi kaj vam nije bilo dovoljno to kaj kada je svijet rasta mi nismo.
Ameri su otišči 20% gore a mi 5% dole.
I sada se vadite na ovaj rast???
A ovo kaj se tiče 15.12. je istina.
O tome su jučer govorili.
Samo su naglasili da nije nužno 15 već tjedan prije ili tjedan kasnije.
A do tada će ova burza biti na koljenima.
Nemoj zezati,na koljenima kažeš [shocked] Što bi naravno po tvome trebalo značiti da je sad na konju?? Sad me još pokušaj uvjeriti da djed mraz ne postoji…. [lol]
[/quote]
Možda ne na konju, ali niti daleko od njega!
Još čete 30% pasti sigurno.
A dalje ovisi.
USA će roknut a ne pasti.
A crobex će rasti kaže Bigboss i ekipa.