In This Issue: •Europe Blooms as Dollar Wilts: Foreign investors now see the euro as an attractive alternative to the greenback. •Intelligencer: Headlines, Highlights, and What's on Our Minds •The Observatory: Selected actions for April 16 through April 20. •Mortgage Funds Fend Off Subprime Blues: Many of these portfolios appear well insulated from the fallout. •Brewers Get Hiccups: In a challenging environment, we think Anheuser-Busch is a buy and Molson Coors is a sell. •BRIC & Beyond: How S&P is forecasting the emerging markets. •Three Sector Weighting Changes: S&P is more bullish on financials and consumer staples, but more cautious on industrials. •High-Quality Capital Appreciation Portfolio: Home Depot is one stock likely to benefit from a late 2007 rebound in the housing market. •Harness Our Quant Power: Standard & Poor's Neural Fair Value 25 Portfolio buys what are deemed undervalued issues with superior return potential. Some of the Companies Featured:
Automatic Data Processing
Cadence Design Systems
Capital One Financial
Cisco Systems
Fossil
General Dynamics
Hewlett-Packard
King Pharmaceuticals
McAfee
PepsiCo
Procter & Gamble
Ryland Group
Symantec
United Technologies
Wal-Mart Stores | 
