Our objective is to penetrate the black box” of sell-side financial analysts by providing new insights into the inputs analysts use and the incentives they face. While there is some speculation that the economy is slowing because of problems relative to the housing and automobile industry, other economic data, such as the recent monthly jobs posting, indicates that the economy is still incredibly strong and still has strong momentum going into 2007.
There has been a lack of investor confidence since 2002 with regard to the accuracy of companies’ financial statements, and investors are questioning analysts’ responsibilities and potential conflicts of interest in making recommendations to buy or sell financial products.
The continued implementation of financial regulatory reform could constrict growth in the industry, as rulemaking bodies place a greater emphasis on stability. It is not for everyone, but the requirements are easier, so if you are good at it …