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Strategies & Market Trends : Love shack

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To: D. Miller who wrote (164)	12/12/2000 6:37:02 PM
From: Grandk	Read Replies (1) of 322

Funny stuff. Optimistically pessimistic? cnnfn.cnn.com Fund managers pessimistic "Economic expectations are weakening, and there are profit fears for 2001, but people are saying the markets are cheaper and interest rates are going to fall," Trevor Greetham, global strategist at Merrill Lynch, told reporters in London. "Fund managers think the market has overreacted to the fall in earnings expectations. For the first time since we started asking, the majority of fund managers see domestic stocks as undervalued," Merrill Global Strategist Trevor Greetham said in a statement.

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