I don't attribute it as much as other people do only to the Chinese trying to reduce the value of their currency against the U.S. dollar, world economic growth has been slowing and markets have been ignoring that and now they're catching up with reality.

Subodh Kumar

Categorized in : Company News

The market is now factoring in that first-quarter earnings will likely be below consensus. And the reality is that economic growth is probably going to be between 3.5 percent and 4 percent, which is good but maybe not as strong as what some people were hoping for.

strong reality people

World economic growth has been slowing and markets have been ignoring that and now they're catching up with reality, it's hard to say when sentiment will change. We're somewhere in the bottoming process.

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