Matthieu Giuliani
Matthieu Giuliani
cautious earnings factor far negative starting
Earnings have been better than expected. The negative factor is that earnings weren't too far from expectations. We're starting to be cautious about 2007.
assets earnings favor investors
Investors are confident, and there's a reallocation of assets in favor of stocks. Earnings have been better than expected.
playing sector
We've been playing the telecoms sector. We think consolidation could come and it's a sector that has underperformed for many months.