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What's Ahead: Today's Economic Outlook - Equity Research on Flextronics International Ltd. and Jabil Circuit, Inc.(October 25, 2011)
MACAU -- (Marketwire) -- 10/25/11 -- Today, www.EquityMarketsInc.com announced its research report highlighting Flextronics International Ltd. (NASDAQ: FLEX) and Jabil Circuit, Inc. (NYSE: JBL). Full content and research is available at www.EquityMarketsInc.com/research.php?id=FLEX+JBL.
Short-term outlooks within US and global economies continue to adjust downward, as US Treasury yields touched their lowest levels in over 65 years. International Monetary Fund downgraded estimates for US growth by 1.0% this year, down from 2.5%. 'Significant downside risks' to the US economy were confirmed by the Federal Reserve pressured by 'strains in global financial markets.'
As the US dollar trades above an eight-month high against the Euro, it highlights a deepening of the Eurozone sovereign debt crisis -- furthered by continued policy inaction from European governments. We expect continued volatility until economic data stabilizes and we see decisive policy action to deal with the Eurozone debt crisis.
Our members are preparing for a turn in tides. Currently, the Credit Suisse Risk Appetite Indicator is at a 30-year low. For the past three occurrences, this level has acted as a leading indicator of large stock market rallies 18 months following.
Equity Markets has reviewed Flextronics International Ltd. for its current position within the technology industry. Flextronics International Ltd. (Flextronics) is a global provider of vertically integrated advanced design and electronics manufacturing services (EMS) to original equipment manufacturers (OEMs). The Company designs, builds, ships and services electronics products for its customers through a network of facilities in 30 countries across four continents. The full research report on Flextronics International Ltd. (NASDAQ: FLEX) is available here: www.EquityMarketsInc.com/research.php?id=FLEX.
Equity Markets has reviewed Jabil Circuit, Inc. for its development within the technology industry. Jabil Circuit, Inc. (Jabil) is a provider of worldwide electronic manufacturing services and solutions. The full research report on Jabil Circuit, Inc. (NYSE: JBL) is available here: www.EquityMarketsInc.com/research.php?id=JBL.
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