21. Financial shares that had led the recent market rally retreated today amid growing concern that bad-loan problems will continue to weigh on their earnings. 22. Financial shares that had led the recent market rally retreated amid growing concern that the bad-loan problems will continue to weigh on their earnings. 23. Freestanding graphic on recent market rally. 24. Fund managers expect few deals to emerge before the market rallies and the uncertainty over Parliamentary elections, due in the spring, subsides. 25. Goldman doubts that even a reversal of the eight-month-long bond market rally would do much to hurt stocks. 26. He said the sales were prompted partly by global bond market rally. 27. However, he said, any further easing by the Fed at this point would be counter productive to the bond market rally. 28. If they take the steam out of the property market rally, most Hong Kong companies will feel the pinch. 29. I think that this is a bear market rally. 30. If the Fed sharply reduces interest rates next year and the economy reacts positively, that could be a catalyst for a strong market rally. |