Recovery is slowing down by Magdalena Rosova

Wednesday was a hard day for New York's stock market, investors were very careful as they were waiting for the new reports with information about the pace of recovery. A key report is the one on durable goods, it will show if orders rose last month or not. The Federal Reserve will release its report soon and it will show the state of the country's economy. Fed chairman Ben Bernanke said last week that future growth was uncertain. His words led to a massive sell-off in stocks. Investors are worried, because they expected Bernanke to reassure them that rebound is here. Investors have a difficult task to balance their earnings and corporate outlooks with economic data. But the! data is not as positive as forecasts of the companies' executives. It is quite complicated to orientate in suh mixed reports. That led to down day in the market also on Tuesday. Economic data proved that the recovery is slowing down and that the growth will probably not grow much. Durable goods orders fell 0.6 percent in May but in June they rose 1 percent. The growth is believed to be caused by large new orders for Boeing aircraft. Without the transportation orders the durable goods orders rose only 0.3 percent. Other data showed that the recovery in the manufacturing sector has eased. Dow Jones industrial average, an important stock market index, fell 0.2 percent. Other indexes are falling as well. But positive is that bond prices rose a bit on Wednesday. The United States are not the only country with easing recovery. Important economy indexes in European countries dropped as well. Only Japan's Nikkei stock average jumped 2.7 percent.

related story (sgx179! 01): http://www.rttnews.com/ArticleView.aspx?Id=1368170...

by Magdalena Rosova for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.

Oživenie ekonomiky sa spomaľuje by Magdalena Rosova

Pre newyorský trh s cennými papierami a akciami bola streda náročným dňom, investori sa nepúšťajú do riskantných obchodov, čakajú na nové správy, ktoré majú podať informácie o stave obnovy ekonomiky. Kľúčovou správou bude správa o tovare dlhodobej spotreby, ktorá má ukázať, či objednávky za minulý mesiac narástli alebo nie. Federálny rezervný systém tiež čoskoro zverejní svoju správu, ktorá má ukázať, v akom stave sa nachádza ekonomika krajiny. Predseda FEDu! Ben Bernanke minulý týždeň povedal, že budúci rast ekonomiky nie je istý. Jeho vyjadrenie malo za následok masívne rozpredávanie akcií. Investori majú strach, očakávali, že Bernanke ich uistí, že oživenie ekonomiky je v plnom prúde. Investori majú neľahkú úlohu, musia vybalansovať svoje príjmy a vyhliadky spoločností s ekonomickými dátami. Avšak dáta nie sú pozitívne tak ako predpovede riaditeľov spoločností. Preto je pre investorov náročné orientovať sa v takýchto rôznorodých správach. Tento rozkol spôsobil aj utorkový pokles na burze. Ekonomické dáta dokázali, že oživenie ekonomiky spomaľuje a rast pravdepodobne nebude veľký. Objednávky tovaru dlhodobej spotreby klesli v máji o 0,6 percenta, av&! #353;ak v júni narástli o 1 percento. Nárast sp! ôso bila veľká objednávka pre výrobu lietadiel Boeing. Ak nerátame túto výraznú objednávku, nárast bol iba 0,3 percenta. Ostatné dáta ukázali, že oživenie manufaktúrneho sektoru sa rovnako spomalilo. Dow Jonesov index, dôležitý ekonomický ukazovateľ, klesol o 0,2 percenta. Ostatné indexy tiež zaznamenali pokles. Pozitívne je, že ceny dlhopisov v stredu o niečo narástli. Spojené štáty nie sú jedinou krajinou, kde sa oživenie ekonomiky zastavuje. Dôležité ekonomické indexy v európskych krajinách rovnako klesajú. Iba japonský ekonomický index Nikkei vyskočil o 2,7 percenta.

related story (sgx17903): http://www.rttnews.com/ArticleView.aspx?Id=1368170...

by Magdalena Rosova for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.

Americans spent less in June by Zivka Deleva

People in the United States of America have spent less money in the last month, say the Wall Street’s reports. The stocks have fallen but not too much, because the previous three days there were big earnings. The industry on the other hand noted increase for 7 points. These resaults seem normal, when we are aware of the slow improvement on the job market. That is normal for the consumers’ apetite to be measured by the money people earn. The recession is far from being finished. And I suppose that Americans shouldn’t expact that miricles will happen because the economic fall was really a big one, like falling from a hundred floors building. The industry h! as another rules, I suppose, because there happened a opposite situation. All the important industrial indexes have raised. That even surprised economic analysts that weren’t so optimistic about the whole thing. But they all agree that this can’t last too long as long as the job places don’t increase as soon as possible. "I don't know what turns around confidence aside from jobs growth," John Brady, a senior vice president at MF Global in Chicago said. I want to share a personal experience with how I see the unemployment. If I know about dozens people that live in the States, and almost half of them can’t find job, than yes, we really have problems. The analysts have also found that the number of the bought homes has increased but that that is not going to last a long time, and that it’s been due to the homebuyer's tax credit that expired April 30. USA’s rival, the old lady Europe the last month definitly won the fight. The banks have ! noted good work, especially the German ones.

by Zivka Deleva for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.

Amerikancite trošele pomalku vo juni by Zivka Deleva

Lugjeto vo Soedinetite Amerikanski Državi potrošile pomalku pari vo posledniot mesec, velat izveštaite od Vol Strit. Akciite opadnale, no ne premnogu, zašto prethodnite tri dena zarabotkata bila golema. Industrijata, pak, beleži podobruvanje za sedum poeni. Ovie rezultati se činat normalno, ako sme svesni za bavnoto podobruvanje na pazarot na trudot. Toa e normalno za apetitot na potrošuvačite da bide meren spored parite što gi zarabotuvaat. Recesijata e daleko od završena. I pretpostavuvam deka Amerikancite I ne očekuvaat čuda da se slučat zašto ekonomskiot pad beše navistina golem, kako da pagja&#! 353;e od stokatnica. Industrijata, pretpostavuvam ima drugi pravila, zašto tamu se sluči sprotivna situacija. Site važni industriski indeksi porasnaa. Toa gi iznenadi i ekonomskite analitičari koi ne bea tolku optimistički vo vrska so celata rabota. No, site tie se soglasija deka toa ne može da trae premnogu dolgo dokolku rabotnite mesta ne se zgolemat pobrzo. “Jas ne znam što može da ja podobri doverbata vo trošenjeto ako toa ne se rabotnite mesta”, reče zamenik pretsedatelot na MF Global, Dzon Brejdi vo Čikago. Bi sakala da spodelam lično iskustvo so toa kako jas ja gledam nevrabotenosta. Ako jas poznavam barem duzina lugje što živeat vo Soedinetite Amerikanski Državi i rečisi polovinata od niv ne možat da najdat rabota, togaš da, nie navistina imame problem. Analitičarite isto taka otkrija deka brojot na kupenite domovi poransal no I deka toa nema da trae dolgo v! reme, I deka bilo poradi pominuvanjeto na rokot za danočn! iot kred it za kupuvačite I toa na 30-ti april. Rivalot na SAD, starata dama Evropa vo posledniot mesec definitivno ja dobi bitkata. Bankite zabeležale dobra rabota, posebno germanskite.

by Zivka Deleva for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.

Another Oversight Council?! by Barbora Misakova

We watch. At least we try to watch. Every move that is made and every word that is said is watched. But in reality, all that watching is worthless when bad moves are made and bad words are said anyway. All those “oversight councils” we established in the past learned us nothing. We are relying on these watching apparatuses instead of thinking twice. Instead of teaching our children to be honest rely on someone or something else that should control their behavior. And in this way the worst bureaucratic procedures were created. And these procedures can always be avoided especially when people were not raised well. This is just the case of new banking and consumer ! protection bill that is awaiting President Barack Obama’s signature. As senator Richard Shelby of Alabama pointed out, the bill is not “real reform” because it doesn’t address the problems of mortgage giants Fannie Mae and Freddie Mac and what is more it will create a massive bureaucracy. Among the first impacts of the bill will be the immediate creation of a 10-member Financial Stability Oversight Council which should keep watch over the entire financial system. Obama now has one year to create a new Bureau of Consumer Financial Protection which will have vast powers to enforce regulations covering mortgages, credit cards and other financial products. But will it change anything? Will it take the time back and save the world from the last economic crisis? No, of course not, but I hardly believe it can save us from another one.

related story (sgx17851): http://news.yahoo.com/s/ap/us_financial_overhaul;_ylt=AkdwYF...

by Barbora Misakova for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.