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Q1 earnings surprises reveal encouraging signs for recovery
www.tradingfloor.com – Earnings surprises from technology and financial stocks have revealed stronger than expected economic growth. Not only are consumers buying more, but companies are beginning to order long-delayed replacements for capital equipment such as computers, according to Saxo Bank’s Chief Equity Strategist Christian Blaabjerg. There are signs that losses at banks have not been as great as expected, with previous set asides being written back into accounts. Christian also talks to Trading Floor editor Andrew Arnold about how the latest news about Greek sovereign debt could affect stock markets.
12:53 minutes
Tags: analysis, apple, bank, blaabjerg, christian, debt, earnings, forex, greece, ibm, jp, morgan, results, reutersforex, saxo, shares, stocks