What's Ahead: Today's Economic Outlook - Equity Research on Ultrapar Participacoes SA (ADR) and World Fuel Services Corporati...
October 17 2011 - 9:00AM
Marketwired
Today, www.EquityMarketsInc.com announced its research report
highlighting Ultrapar Participacoes SA (ADR) (NYSE: UGP) and World
Fuel Services Corporation (NYSE: INT). Full content and research is
available at www.EquityMarketsInc.com/research.php?id=UGP+INT.
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 Ultrapar Participacoes SA (ADR) for
its current position within the basic materials industry. Ultrapar
Participacoes SA is a Brazilian holding company that operates in
three sectors: fuel distribution through Ultragaz and Ipiranga;
chemicals through Oxiteno; and logistics for liquid bulk through
Ultracargo. Ultragaz is active in the Liquefied Petroleum Gas (LPG)
distribution in Brazil. The full research report on Ultrapar
Participacoes SA (ADR) (NYSE: UGP) is available here:
www.EquityMarketsInc.com/research.php?id=UGP.
Equity Markets has reviewed World Fuel Services Corporation for
its development within the basic materials industry. World Fuel
Services Corporation (World Fuel) is a global fuel logistics
company. It markets, sales and distributes aviation, marine, and
land fuel products and related services on a worldwide basis. It
operates in three business segments. The full research report on
World Fuel Services Corporation (NYSE: INT) is available here:
www.EquityMarketsInc.com/research.php?id=INT.
About Equity Markets Our mission at Equity Markets is to be the
best source of content and research, while educating, enlightening
and informing investors. Equity Markets combines street smart
analysts and professional market researchers to provide investors
with detailed company profiles and market coverage.
Contact: Samuel Littman Email Contact
www.EquityMarketsInc.com
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