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Stocks to Rebound Briefly then Fall Again

Wednesday, 14 Jan 2009 | 5:00 AM ET

Global stocks could rebound by 25% but earnings could drop by 21%, according to Ian Scott from Nomura. He sees earnings rebounding in 2010. "We haven't hit the lows in equity markets," Khuram Chaudhry from Merrill Lynch said, adding that stocks could bounce 20-30% in the second quarter.