Markets

Thursday, November 27, 2008

Chris Cantell Discusses Markets: Na Wall Street se čuvstvuvaat akciite na Kongresot
by Milota Sidorova


Poslednite denovi vo avtomobilskata kriza koja se odigruvaše vo Kongresot moraše da se odrazi na Wall Street. Kako što zakonodavcite go odbija predlogot, itna reakcija stigna i bukvalno najlošoto rabotenje od 2003 godina. Glavniot amerikanski indeks Dow Jones se lizna pod nivoto od 8000, najširokiot indeks S&P 500 se namali na 806 poeni kako i samite tehnologii vodeni od Nasdaq, koj padna za poveke od 6.5% do konečni 1386 poeni.
Prvata asocijacija da se povrze pazarot so nadvorešni nastan ke bide prirodno tonenjeto na avtomobilskata industrija. I sovršeniot primer od "domino efektot vo negativni emocii" go vodeše Wall Street vo sekoj smisol.
Kako i da e, dali investitorite navistina očekuvaa Kongresot da poddrži takva legislativa, eksplicitno pokažuvajki samo privatni interesi? Nekoj reče, deka finansierite ne sakaat teatralnost, zatoa što jazikot ne e jasen i mu nedostigaat direktni rezultati. Kongresot ili najmalku republikanskiot del zastana pozadi svoeto odbivanje, poddržan od mnozinstvoto od javnosta. Kompaniite nesposobni da go vodat svetskiot trend, restrukturirajki se i zaglaveni vo starite tehnologii ne ja zaslužuvaat vladinata pomoš. Druga pričina za padot na prodažbata ke bide ušte eden od predlozite za namaluvanje na vladata. Osven toa što se namalija kamatite do samo 1%, želbata da odat i pod toa nivo ke donese seriozni problemi, i tie se posledni informirani za ova. Mnogu ekonomisti predupreduvaat deka ponatamošnoto namaluvanje definitivno ke vodi kon ispraznuvanje na nacionalnata ekonomija i otkako nikoj ne e siguren dali krizata stignala do dnoto, čuvanjeto rezervi ke bide najmal pameten čekor. Namaluvanjeto treba da bide oči vo oči so namaluvanjeto na bankarskite kamati vo narednite nekolku nedeli.

Situacijata koja, kako i da e, vo momentot e očajna može da bide sovršena osnova za kupuvanje na akcii do krajot na nedelata. A što se odnesuva do surovata nafta, cenata na naftata zastana na 53.62 dolari, suma koja e ednakva na cenata od januari 2007 godina i duri i ako cenite se dobri za klientite golema e verojatnosta da se zgolemi inflacijata i da se zgolemat trgovskite rizici.

related story: http://news.yahoo.com/s/ap/wall_street;_ylt=AohoEwIR1QT.gY82b1_mUHys0NUE

by Milota Sidorova
for PocketNews (http://pocketnews.tv)
translated by Zivka Deleva

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.

edited by Beata Biskova

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Monday, November 24, 2008

Will we get back to our cars?
by Barbora Misakova


When the financial crisis came everyone was talking about fuel and oil prices. They were constantly growing up and no one could stop them. While newspapers were full of articles about repeatedly increased oil prices we were almost desperate about the situation and thinking hard how we would live. After a short time, when prices were still the same and no positive change was coming, lot of modern magazines started writing about new ecological and healthier way of life. “When we stopped using the cars we could keep our body and mind in good conditions” they wrote. When we start using our bicycles instead of cars it will have a good influence on our health as well as on the other aspects of our life such as environment and traffic situation in the city. When we finally cope with the idea that our cars will be from now used less than our bicycles, when we finally started avowing to this new way of life, economy started playing game with us again.
I am always saying that things we want the most never come to us. But as soon as we stop thinking about them, they will appear quickly. And this is what really happened now. Sometimes economy reminds me a little kid – it will be playing with you, and fighting with you for a doll unless you find something different to play with. After quite a long period of constant growing of oil and crude prices we just resigned and found a new source and way of transportation. What is more, we even find it better somehow. And what happened? Oil prices dropped more than 7 percent and tumbled nearly $100 from about $147 a barrel in July. US crude settled at $49.62 a barrel, what is the lowest settlement since May 2005. I would like to know how all the people riding to the work and school on bicycles will react now. Will they stay tuned on this new healthier way of life, or will they get back to their comfortable seats in the cars?


related story: http://news.yahoo.com/s/nm/20081120/ts_nm/us_markets_oil;_ylt=AqklWJZlh3Wqjvt_ypwYVdqs0NUE

by Barbora Misakova
for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


edited by Beata Biskova

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Friday, November 14, 2008

Congress, Interrupted
by Milota Sidorova


It’s been officially declared. Instead of planned buy out bad assets from the banks, Congress will process the alternative to spent $250 billion to buy out the stakes to bolster frozen lending. That’s what Treasury Secretary Henry Paulson said on Wednesday.
Meanwhile there has been more news coming from Capitol Hill. And they were not that lucky at all. Democrats may count it a failure to get Congressional ‘no’ to support desperate automaker industry. House Speaker Pelosi was urging immediate passage of $25 billion in emergency loans for troubled General Motors and Ford Motors Corp.
However, Senate denounced using the rescue funds to back millions of mortgages facing foreclosures. The final impact, including low end second ‘rescue’ plan was more than destroying. And let’s have a look on Wall Street. Stocks were declining and Dow Jones is now very close to Black Monday hitting something over 8,100 points. The major American index has plunged to settle on final 8,282.66 loosing more than 411.30 points.

Nevertheless Congress has scheduled detailed plan of hearings aiming to understand the role of hedge funds in the whole process and of course, how provided support was improving the situation within separate banks. Billionaires like George Soros will be examined as well as Bank of America, Wells&Fargo Co. and naturally every bank that has been rescued.
This may look like big mama carrying for her nasty baby. Are you ok? Are you doing fine with the money I gave you? Besides, would you be kind enough to tell me, what have you done with it?

Sure, this may not be for everyone. Instead of such hearings NY Senator Chuck Schumer claimed for more strictly repressions put on the companies rather than fiercely provided cash.
He said even with the changes made in this rescue plan he was still disappointed by the unwillingness to control the companies in certainly harder mood.
One might certainly say better to control than to cure. Even if it interferes, theoretical essence of financial freedom.


related story: http://news.yahoo.com/s/ap/20081113/ap_on_bi_ge/financial_meltdown;_ylt=AomoHumg_vJDTy.vIJcdKXKs0NUE

by Milota Sidorova
for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are original content from young talents around the world and are selected for you by Chris Cantell.


edited by Beata Biskova

Labels: , , , , , ,