Fidelity: Maintaining a high allocation to stocks, high yield bonds, etc.
Thomas Poullaouec, head of diversified assets solutions for the Asia-Pacific region at Prudential, and his team released a latest report indicating that, in light of the loose mmf policy, china's stimulus measures, and the expected expansion of profit growth, Prudential continues to maintain a relatively high allocation to stocks.
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11/25 [Strong and Weak Materials]
[Bullish and Bearish Materials] Bullish materials: The Nikkei average is up (38,283.85, +257.68). The dow jones industrial average is up (44,296.51, +426.16). The Nasdaq composite index is up (19,003.65, +31.23). The Chicago Nikkei futures are up (38,595, +255). The VIX index is down (15.24, -1.63). US crude oil futures are up (71.24, +1.14). US long-term interest rates are down. Active share buybacks. The Tokyo Stock Exchange requests for corporate value enhancement. Bearish materials: 1 dollar.
All Also Taken : and right on cue the s&p is up