SOURCE: World Street Fundamentals

October 10, 2011 09:00 ET

Analyst View, Impact of Global Events - Research Report on Prudential Financial, Inc. and ArcelorMittal (ADR)

HONG KONG--(Marketwire - Oct 10, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting Prudential Financial, Inc. (NYSE: PRU) and ArcelorMittal (ADR) (NYSE: MT). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php?id=PRU+MT.

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.

World Street Fundamentals has highlighted Prudential Financial, Inc. for its current position within the financial industry. Prudential Financial, Inc. is a financial services company. It has operations in the United States, Asia, Europe and Latin America. Through its subsidiaries, it offers an array of financial products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management and real estate services. The entire report on Prudential Financial, Inc. (NYSE: PRU) is available here: www.WorldStreetFundamentals.com/Report.php?id=PRU.

World Street has featured ArcelorMittal (ADR) for its development within the basic materials industry. ArcelorMittal is a global steel producer. During the year ended December 31, 2010, ArcelorMittal had steel shipments of approximately 85 million tons and crude steel production of approximately 90.6 million tons. ArcelorMittal produces a range of finished and semi-finished products. The entire report on ArcelorMittal (ADR) (NYSE: MT) is available here: www.WorldStreetFundamentals.com/Report.php?id=MT.

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