Edward Menashy
Edward Menashy
activity dominated fallen market mergers
The market is being dominated by mergers and acquisitions activity -- all the fundamentals have fallen into the background.
mergers plenty
It has been another storming day with plenty of mergers and acquisitions activity.
corporate earnings expectation growth identical people slow start talking therefore
If we look at 2006, the expectation is identical to the start of 2005. People are talking about a slowdown and therefore corporate earnings growth will also slow down.
behind doubt merger short
The thing behind it short term, without any doubt, is the merger and acquisition activity.
due incredibly period question relative slight
We are due a period of slight relief. (But) we always have to come back to the question of valuations and, relative to gilts, equities are still incredibly cheap.