Investors Anticipated a Rebound in Economic Activity

Topics:
Deflation,
Financial Regulations
Tags:
Economic Activity,
Finance,
Financial Accounting,
Investor,
Morgan Stanley
Source:
Morgan Stanley Dean Witter & Co.

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Overview: In the early months of 2002, investors anticipated a rebound in economic activity and, consequently, improvement in the equity markets. To their chagrin, continued corporate-governance scandals, rising geopolitical issues and significant retrenchments in capital spending led the markets into negative territory. Fund’ strong relative performance to its holdings in four key sectors: basic materials, consumer discretionary, financials and industrials. The article says that materials sector benefited from a general rise in prices and a shortage of commodities.

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Format: PDF | Size: 156KB | Date: Aug 2003 | Pages: 28

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