What's Ahead: Today's Economic Outlook - Equity Research on SLM Corporation and Discover Financial Services
28 Ottobre 2011 - 3:00PM
Marketwired
Today, www.EquityMarketsInc.com announced its research report
highlighting SLM Corporation (NYSE: SLM) and Discover Financial
Services (NYSE: DFS). Full content and research is available at
www.EquityMarketsInc.com/research.php?id=SLM+DFS.
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 SLM Corporation for its current
position within the financial industry. SLM Corporation, known as
Sallie Mae, is a holding company that operates through a number of
subsidiaries. The Company's primary business is to originate,
service and collect loans made to students and/or their parents to
finance the cost of their education. The full research report on
SLM Corporation (NYSE: SLM) is available here:
www.EquityMarketsInc.com/research.php?id=SLM.
Equity Markets has reviewed Discover Financial Services for its
development within the financial industry. Discover Financial
Services (DFS) is a direct banking and payment services company.
DFS operates as a bank holding and financial holding company. DFS
operates two banking subsidiaries: Discover Bank and Bank of New
Castle. It offers credit cards, student loans, personal loans and
deposit products through Discover Bank. The full research report on
Discover Financial Services (NYSE: DFS) is available here:
www.EquityMarketsInc.com/research.php?id=DFS.
About Equity Markets Our mission at Equity Markets is to be the
best source of content and research, while educating, enlightening
and informing investors. Equity Markets combines street smart
analysts and professional market researchers to provide investors
with detailed company profiles and market coverage.
Contact: Samuel Littman Email Contact
www.EquityMarketsInc.com
Grafico Azioni Discover Financial Servi... (NYSE:DFS)
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