What Are Credit Suisse Clients Doing And Saying?
By Larry Doyle on October 9, 2009 | More Posts By Larry Doyle | Author’s Website High five to a good friend for sharing with us tremendous insights just released by Credit Suisse (CS). While individuals can and should develop opinions on the economy and markets, the global flow of capital from investors (obviously central banks now count as investors given massive quantitative easing programs) will determine overall market levels. Let’s navigate and assess how Credit Suisse’s client base has positioned themselves and decipher what it all means. Credit Suisse research analysts report the following: We are close to finishing our marketing trip in the US and Continental Europe-and take a look at the main issues our clients are focused on at the moment. 1. Caveated bullishness: Hedge funds appear optimistic (focusing on Q3 earnings as the next catalyst). Long-only funds seem cautious, while retail investors are buying bonds rather than equity. We feel there is enough scepticism to leave us
