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Pacifica Partners' fourth quarter 2009 quarterly market commentary - A financial outlook for 2010. The surge in stock prices that was witnessed in 2009 have been "too much, too soon". The US consumer will still be the deciding factor as to how robust global economic growth will be. China is demanding domestic banks to "hit the breaks" on new lending. Corporate earnings is what it all comes down to - can the economy deliver the earnings that are priced into stocks?

Pacifica Partners' fourth quarter 2009 quarterly market commentary - A financial outlook for 2010. The surge in stock prices that was witnessed in 2009 have been "too much, to...

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