What's Ahead: Today's Economic Outlook - Equity Research on Crocs, Inc. and Steven Madden, Ltd.
(firmenpresse) - MACAU -- (Marketwire) -- 10/20/11 -- Today, announced its research report highlighting Crocs, Inc. (NASDAQ: CROX) and Steven Madden, Ltd. (NASDAQ: SHOO). Full content and research is available at .
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 Crocs, Inc. for its current position within the consumer goods industry. Crocs, Inc. (Crocs) and its consolidated subsidiaries are a designer, manufacturer, distributor, worldwide marketer and brand manager of footwear and accessories for men, women and children. The Company's products include footwear and accessories that utilize closed cell-resin, called Croslite. The full research report on Crocs, Inc. (NASDAQ: CROX) is available here: .
Equity Markets has reviewed Steven Madden, Ltd. for its development within the consumer goods industry. Steven Madden, Ltd. designs, sources, markets and sells footwear for women, men and children. It also designs, sources, markets and sells name brand and private label fashion handbags and accessories. The full research report on Steven Madden, Ltd. (NASDAQ: SHOO) is available here: .
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Contact:
Samuel Littman
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Datum: 20.10.2011 - 13:00 Uhr
Sprache: Deutsch
News-ID 78446
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MACAU
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Commercial & Investment Banking
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