MS issues a BUY signal for European Equities …
Dienstag, November 4th, 2008Morgan Stanley issued a “full house buy signal” on European equities, as its four indicators — valuation, capitulation, risk and fundamentals — all indicate to buy. “The latest elements that pushed us there have been a capitulation among retail investors, purchasing managers and sellside analysts, as measured by record mutual fund outflows, ISM new orders [...]
