HONG KONG — (Marketwire) — 10/21/11 — Today, released its industry report highlighting TOTAL S.A. (ADR) (NYSE: TOT) and Chesapeake Energy Corporation (NYSE: CHK). Full fundamental and technical analysis is available at .
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 TOTAL S.A. (ADR) for its current position within the basic materials industry. TOTAL SA is a France-based integrated international oil and gas company. The entire report on TOTAL S.A. (ADR) (NYSE: TOT) is available here: .
World Street has featured Chesapeake Energy Corporation for its development within the basic materials industry. Chesapeake Energy Corporation (Chesapeake) is a producer of natural gas and oil and natural gas liquids in the United States. As of December 31, 2010, it owned interests in approximately 46,000 producing natural gas and oil wells that produced approximately 3 billion cubic feet of natural gas equivalent (bcfe) per day, 87% of which is natural gas. The entire report on Chesapeake Energy Corporation (NYSE: CHK) is available here: .
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