Some big buybacks...and a bit of earnings benefit too:
Re the upcoming European earnings season some interesting impacts from the cheaper euro i.e. healthcare/pharma are the main beneficiaries. No surprises there. Personally I see greater value in international / $ exposure from other areas including media and consumer. Telecoms is interesting too. Surprised the data does not show the industrial side which naturally should be a benefit from a weak currency.
Talking about the US dollar I thought this was a good chart too showing that the currency (as expressed by the DXY) has risen to a very interesting level. All to play for (especially following the lead story I put in Sunday evening's 'Stories we should be thinking about' (link here).
Finally, did drone strikes in Pakistan and Yemen really peak in 2010? I never knew that.
No comments:
Post a Comment