What's Ahead: Today's Economic Outlook - Equity Research on Manulife Financial Corporation (USA) and Sun Life Financial Inc. (U
October 21, 2011 09:00 ET
What's Ahead: Today's Economic Outlook - Equity Research on Manulife Financial Corporation (USA) and Sun Life Financial Inc. (USA)
MACAU--(Marketwire - Oct 21, 2011) - Today, [ www.EquityMarketsInc.com ] announced its research report highlighting Manulife Financial Corporation (USA) (
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 Manulife Financial Corporation (USA) for its current position within the financial industry. Manulife Financial Corporation (MFC) is a life insurance and a holding company of The Manufacturers Life Insurance Company (MLI) and John Hancock Reassurance Company, Ltd. MFC is a financial services company serving customers in 22 countries around the world. The full research report on Manulife Financial Corporation (USA) (
Equity Markets has reviewed Sun Life Financial Inc. (USA) for its development within the financial industry. Sun Life Financial Inc. (Sun Life Financial) is an international financial services organization, offering a diverse range of life and health insurance, savings, investment management, retirement, and pension products and services to both individual and corporate customers. The full research report on Sun Life Financial Inc. (USA) (
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