MACAU -- (Marketwire) -- 10/21/11 -- Today, www.EquityMarketsInc.com announced its research report highlighting SBA Communications Corporation (NASDAQ: SBAC) and Telephone & Data Systems, Inc. (NYSE: TDS). Full content and research is available at www.EquityMarketsInc.com/research.php?id=SBAC+TDS.
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 SBA Communications Corporation for its current position within the services industry. SBA Communications Corporation (SBA) is a holding company that has no operations of its own. SBA conducts all of its business operations through SBA Telecommunications, Inc. (Telecommunications), in which it holds an outstanding capital stock. Telecommunications owns interests in SBA Senior Finance, Inc. (SBA Senior Finance) and its international entities. The full research report on SBA Communications Corporation (NASDAQ: SBAC) is available here: www.EquityMarketsInc.com/research.php?id=SBAC.
Equity Markets has reviewed Telephone & Data Systems, Inc. for its development within the technology industry. Telephone and Data Systems, Inc. (TDS) is a telecommunications service company with wireless operations provided by TDS' 83%-owned subsidiary, United States Cellular Corporation (U.S. Cellular), and wireline operations provided by TDS' wholly owned subsidiary, TDS Telecommunications Corporation (TDS Telecom). The full research report on Telephone & Data Systems, Inc. (NYSE: TDS) is available here: www.EquityMarketsInc.com/research.php?id=TDS.
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