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Stock May 2012 - "Stock Market: Experts Ponder First Quarter Results, Federal Reserve Policies"

Stock May 2012 - "Stock Market: Experts Ponder First Quarter Results, Federal Reserve Policies"

Stock May 2012 - "Stock Market: Experts Ponder First Quarter Results, Federal Reserve Policies"

Excerpt


Stock Market: Experts Ponder First Quarter Results, Federal Reserve Policies


 In April, corporate earnings in the United States, the Federal Reserve’s game plan, European elections and continued resistance to austerity measures in Europe dominated business news headlines. The consensus is that overall first-quarter results in the United States have been good, and most corporate executives see a positive outlook for the remainder of the year. In a few instances – where results have spectacularly outpaced estimates – Wall Street chastised companies for being overly cautious in their forecasting.



  


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