SOURCE: Equity Markets Inc

October 28, 2011 09:00 ET

What's Ahead: Today's Economic Outlook - Equity Research on SLM Corporation and Discover Financial Services

MACAU--(Marketwire - Oct 28, 2011) - Today, announced its research report highlighting SLM Corporation (NYSE: SLM) and Discover Financial Services (NYSE: DFS). Full content and research is available at

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.

Equity Markets has reviewed SLM Corporation for its current position within the financial industry. SLM Corporation, known as Sallie Mae, is a holding company that operates through a number of subsidiaries. The Company's primary business is to originate, service and collect loans made to students and/or their parents to finance the cost of their education. The full research report on SLM Corporation (NYSE: SLM) is available here:

Equity Markets has reviewed Discover Financial Services for its development within the financial industry. Discover Financial Services (DFS) is a direct banking and payment services company. DFS operates as a bank holding and financial holding company. DFS operates two banking subsidiaries: Discover Bank and Bank of New Castle. It offers credit cards, student loans, personal loans and deposit products through Discover Bank. The full research report on Discover Financial Services (NYSE: DFS) is available here:

About Equity Markets
Our mission at Equity Markets is to be the best source of content and research, while educating, enlightening and informing investors. Equity Markets combines street smart analysts and professional market researchers to provide investors with detailed company profiles and market coverage.

Contact Information