Andrew Garthwaite News
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European Union car sales rose in April for the first time since September 2011, adding to signs that the 27-nation bloc’s recession may be short-lived.
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Credit Suisse Group AG’s Andrew Garthwaite lifted his 2012 forecast for the Standard & Poor’s 500 Index to 1,400, citing the European Central Bank’s refinancing plans for banks as a “potential game changer.”
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Forecasts from Andrew Garthwaite, global equity strategist at Credit Suisse Group AG, will be included in Bloomberg’s weekly survey of Standard & Poor’s 500 Index projections.
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Stock investors shouldn’t get used to the relative calm that markets are now showing, according to Andrew Garthwaite, a global equity strategist at Credit Suisse Group AG.
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Mark Carney’s quest for “escape velocity” takes off in the U.K. this week.
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China’s government will undertake more policy easing and growth of 8 percent is likely for the nation’s economy, according to Andrew Garthwaite, global equity strategist at Credit Suisse Group AG.
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The two biggest U.S. equity bears in 2012 see the Standard & Poor’s 500 Index rising more than 12 percent this year to at least 1,600, as strong economic data point to higher corporate earnings.
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European stocks climbed, rebounding from the lowest level in more than two weeks, as companies from European Aeronautic, Defence & Space Co. to Bouygues SA reported results that beat analysts’ estimates.
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Investors in Treasury securities will have to get used to yields lower than the U.S. inflation rate, according to Andrew Garthwaite, a global strategist at Credit Suisse Group AG.
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The world economy is sliding into a “twilight zone,” trapped between outright expansion and renewed recession.
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