Analyst View, Impact of Global Events - Research Report on Global Geophysical Services, Inc. Common Stock and Crocs, Inc.
October 19 2011 - 9:00AM
Marketwired
Today, www.WorldStreetFundamentals.com released its industry report
highlighting Global Geophysical Services, Inc. Common Stock (NYSE:
GGS) and Crocs, Inc. (NASDAQ: CROX). Full fundamental and technical
analysis is available at
www.WorldStreetFundamentals.com/Reports.php?id=GGS+CROX.
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.
World Street Fundamentals has highlighted Global Geophysical
Services, Inc. Common Stock for its current position within the
basic materials industry. The entire report on Global Geophysical
Services, Inc. Common Stock (NYSE: GGS) is available here:
www.WorldStreetFundamentals.com/Report.php?id=GGS.
World Street has featured Crocs, Inc. for its development within
the consumer goods industry. Crocs, Inc. (Crocs) and its
consolidated subsidiaries are a designer, manufacturer,
distributor, worldwide marketer and brand manager of footwear and
accessories for men, women and children. The Company's products
include footwear and accessories that utilize closed cell-resin,
called Croslite. The entire report on Crocs, Inc. (NASDAQ: CROX) is
available here:
www.WorldStreetFundamentals.com/Report.php?id=CROX.
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www.WorldStreetFundamentals.com
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