Thierry Lacraz Quotations

Argentina's problems seem to be mounting with negative consequences for the country's debtors and many quoted European companies.

Earnings growth is still improving and Europe has the advantage to be late relative to the US economic cycle.

For the last two days and the next few days, what's driving the market is the lack of bad news. This rebound could last two or three weeks.

The high beta sectors, such as technology and basic resources, that have led the market rally since September 11 look somewhat overvalued.