Global Economic Perspectives: Fed forward guidance: beware the sledgehammer Pricing in near-term earnings risk Hold: improving trends supports share price CFO resignation slight negative India FY17 Budget:What it means for corporate credit Top Stories Jan+Feb 16 SSSG turn positive but less urgency to find e-commerce partner 2015 earnings below estimates despite strong revenue growth；TP and earnings cut; Reiterate SELL FY15 a moderate miss Rating risk on the rise; Downgrade to Sell