HONG KONG -- (Marketwire) -- 05/16/12 -- This morning, www.MarketFoundations.com announced new reports highlighting Banco Bradesco SA (ADR) (NYSE: BBD) and Bancolombia S.A. (ADR) (NYSE: CIB). Free research downloads are available at www.MarketFoundations.com/index.php?coa=BBD&cob=CIB.
Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experience in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.
Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.
Market Foundations is releasing new coverage on Banco Bradesco SA (ADR) for its current position within the financial industry. Banco Bradesco SA (the Bank) is a Brazil-based commercial bank. The full research report on Banco Bradesco SA (ADR) (NYSE: BBD) is available here: www.MarketFoundations.com/index.php?coa=BBD.
Market Foundations has released research on Bancolombia S.A. (ADR) for its changing role within the financial industry. Bancolombia SA is a Colombia-based financial institution primarily engaged, together with its subsidiaries, in the banking sector. The full research report on Bancolombia S.A. (ADR) (NYSE: CIB) is available here: www.MarketFoundations.com/index.php?cob=CIB.
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