The United States is at the end of an expansion cycle: What impacts on the euro zone’s economic cycle and financial markets? What can negative interest rates achieve? Chularat Hospital: 4QFY15 profit seen up 21.6% y‐y 4QFY15 net profit up 64% on extra gains Daily Breakfast Spread Sunday Workaholics Weekly Constructive Setup for WFE Spending (and Stocks) in 2016 Despite Macro Fears on Strategic Technology Investments Morning Meeting Daily Investment Income Shrunk Dramatically and Earnings Growth Lower than Expectation JPM Asia Telco Investing our Recommendations: Back Testing Analysis: 12th Feb 2016