Friday, October 7, 2011

Morning Call Topic - Oct. 7, 2011

Lorena has been leading the morning calls this semester and has done a phenomenal job with picking the various topic and structuring the calls.  The following is the topic which we will be discussing on October 7th, 2011 at 7:30AM:


Apple shares mixed following Steve Jobs death
Strong fundamentals, low valuation help offset long-term concerns
Q1
Some analysts think Apple’s shares may see some near-term pressure as “Cook gains confidence from investors,” and recommend buying the shares on any weakness, as they “continue to believe that Apple is positioned to outperform in this tough macroeconomic environment with its defendable strategic and structural advantages and its vertical integration.”

Do you agree? Why or why not?


U.S. stocks rise on Europe and claims data
Q2
What is the story behind Thursday’s rally? (a summary?) Any opinions/comments?


Goldman: Recession Chance 40% in 2012, Jobless Rate to 9.5%
Q3
Goldman Sachs economists forecasts include:
·      The US has 40% chance to step in a recession chances
·      The jobless rate is likely to surge to the mid-9 percent range in 2012
·      Three pressures emanating from the euro zone—exports, financial conditions and credit availability—will hit the U.S.
·      The euro zone also could enter recession or be close to it, while emerging markets should experience growth next year.

Do you agree? Why or why not? Opinions/comments?

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