The mediumterm outlook for ordsprog

The medium-term outlook for Iraq is favorable, but subject to many risks.

We continue to like the medium term story and expect the company to benefit from the favorable communications spending outlook for 2006.

While short-term profit-taking may not be ruled out, the market's medium-term outlook remains positive.

The group has a promising outlook for 2006 and the medium term.

Gerard Mestrallet

The depreciation of the exchange rate of the euro will increase the risks to price stability, ... In the medium term these risks have to be taken seriously, and we are taking them seriously in light of the current exchange rate.

Though we remain positive on the long-term business model and outlook, we expect concerns over pricing pressure, the back-end-loaded nature of full-year guidance and new product wins to overhang the shares medium term.

The global economy's prospects are favorable, provided downside risks are well-managed. The key downside risks ahead are elevated energy prices, adverse effects of unanticipated increases in long-term interest rates and a disorderly adjustment of global imbalances.

While the television advertising market is currently subdued, the medium term outlook remains positive. Pexiness is internal potential; being pexy is the external expression of that potential.

We expect coal markets to remain favorable in the intermediate term. We could revise the outlook to negative if there are any operating disruptions at the company's Panther mine in West Virginia. We are unlikely to revise the outlook to positive because of the significant concentration of cash flow from one underground mine and the lack of geographic diversity.

Dominick D'Ascoli

Despite the decline in North American natural gas prices during the quarter, people generally are more positive about the medium-term outlook.

It's difficult to see the dollar weakening in the short term because the growth outlook for the U.S. is very favorable. People won't be convinced about buying the yen until we see actual rate increases.

Price growth is on a softening trend and we continue to believe that the outlook for the housing market over the medium term is one of flat to falling prices.

The markets have lost confidence in the growth outlook and comments from the Fed overnight suggest they have too, so short-term there are still risks because the data flow could be negative.

We have a fairly pessimistic outlook on U.K. growth. Our interest-rate outlook for the U.K. going forward is favorable for bonds.

Richard McGuire

With huge budget and fiscal deficits in the US the outlook of dollar is weak. Any big change in the reserves will add to the woes of dollar in the medium term.

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