CAPITAL MARKETS OUTLOOK 2011

摘要

A little more than two years after the beginning of the credit crisis - or the "Great Recession," as the current economic climate has been called - Wall Street continues to experience both highs and lows. Following Lehman Brothers' demise in 2008, the markets tanked, only to come screaming back in 2009 and show good traction in 2010, despite May's Flash Crash.rnHeading into 2011, though, capital markets firms are searching for direction, despite the relatively sound performance of the markets. After the Dow Jones Industrial Average hit a low of 7,223 in March 2009, it ended that year at 10,428 and looks like it will end 2010 above 11,000. Despite the positive signs from the Dow, however, trading volumes are down - way down - and so are revenues at most firms that rely on their trading businesses to bolster income. Some analysts are not sure how long it will take for volumes to rebound, or if they ever will bounce back.