MSc投资工作坊7：济概览与零售销售分析.pdfVIP

OutputofMScInvestmentWorkshop7

Economicoverview:payattentiontothesurprises.AbigpositivesurpriseisthePSNB!

SelectingGBRetailSaandclickTime-seriesfunctionontherightofEconomicOverviewbringsyou

tothechartofUKmonthlyretailsa.Therearesignsthatitispickingup,butvolatilityishigh.

=的

的

的的

的

EconomicAnalysis=ForecastsbyEconomy.2011GDPgrowthisbelowitslong-runrate.Compared

withJanuaryforecasts,Februaryforecastshavebeenreviseddownwards,possiblyduetoshocking-

0.5%quarter-to-quartergrowthinthelastquarter.

Relativestrengthstellyouhowthesectorisperformingrelativetothemarket.Noticeably,as

generalretailpickedupinQ12009,utilitiesdidbadly.

的

的

Atdailyinterval,utilitiesseemtobegintogainmomentumwhereasgeneralretailscontinueitsbear

trend.IsthisasignofthebeginningofabearmarketforFTSE?