Take a look @ EUR/USD relationship. There the battle.
Who pay the cost ? .
"wetheeuropeanpeople" or "wethepeople".
Today ../six .five hours ago fuqy euro reached 1,3994 but no cojones at the south.
Then spoke Yellen talking about the greatest USA deficit that it's impossible to sustain.
She correctly changed two weeks ago before showing the unemployment report because she surely knows in advance a good number below Ben level to stop buying your bonds.
Mr Market is waiting for a better agreement between Yellen and Frau Merkel (only Germany decides the euro future).
Also waiting for another 10K a bit more cheaper but really don't know if 'll get the same qty
Let's see. Last months going down but the volume was insignificant.
Pure manipulation but that's the game here.
By this price very nice rate if my dear Yong Zhang pays the same divi.
Bought /added 10K XIN @ $ 3,90 and looking for another 10K @ 3,80 for a better average.
Also expecting EXK a bit lower to buy
Hola sin (without) Cabo
During 2008 crisis, someone @ WSJ wrote about the strangest index that my friend Ben revised every month to know first hand whether or not his measures were improving the American economy.
According to the journalist, Ben accounted the increase or decline in sales of intimate apparel and socks to determine with certainty the quality of FED loans.
It's a good new that Ben has left the office and above that a better one knowing that Ben was not born Japanese.
Japanese Statistics confirming in their last three years have sold more diapers for adults than babies...
And from the south would add some additional statistics that attract the attention of the fundamentalists like my dear Jim Rogers:
.- 97 out of every 100 births occur in developing countries
.- within 40 years we'll no oil
.- 56% of the economies are being held for (political) rates 0 %
.- U.S.A. federal government spending USD 3.77 trillion in 2014: this figure is higher than the German GDP and yet USA has 50 million poor people.
South Cosmic Dust
From a humble opinion think the yuan decline undoubtedly favors the Chinese economy.
At least gives them a relief when their exportable products cannot be sold so easily. Their warehouses remain full but having an incredible market within their borders.
From me following every second each ECB signs if Germany decides a lower (lowest?) rate to help the rest of Europe.
I guess nothing changes if the relationship exceeds 1.4 but somehow determines who 'll suffer a little more the current stagnant international financial situation;
Above 1.4 means more hardship for "wetheeuropeanpeople"
Below 1.33 -never before June 2015- means more hardship for "wethepeople"
All the relationships are frames -measuring them in years- and fuqy euro keeping for a long time it strength.
where are you talking about?
a lot of CABOS in spanish (means CAPE)
Los Cabos Mx?
Cabo San Lucas Mx??
Cape Canaveral @ Fl ???
ok...agree with you...nothing worst than a poor (?) Market ..few bucks there
arrived May so the big money for holidays.
All excuses but is what it's
our rates from 26 to 30%....
an empty central bank and no credit as ever happened,
of course nobody wants a credit too, we are the most beautiful Titanic...
a psychotic woman ruling
and today also Obama speaking Spanish for the Mexicans
can't drink tequila nor the best scotch.
Only good wines or ron.
A feast, a toast for River and all Master Old grandchildren
"wetheothers" are too old
The market is always in search of a story, and investors, it seems, think they have found a new one this year in China. The country’s growth slowdown and mounting financial risks have spurred a growing wave of pessimism, with economists worldwide warning of an impending crash.
But dire predictions for China have abounded for the last 30 years, and not one has materialized. Are today’s really so different?
The short answer is no. Like the predictions of the past, today’s warnings are based on historical precedents and universal indicators against which China, with its unique economic features, simply cannot be judged accurately.
The bottom line is that the complexity and distinctiveness of China’s economy mean that assessing its current state and performance requires a detail-oriented analysis that accounts for as many offsetting factors as possible. Predictions are largely pointless, given that the assumptions underpinning them will invariably change.
Consider China’s high leverage ratio, which many argue will be a key factor in causing a crisis. After all, they contend, developing countries that have experienced a large-scale credit boom have all ended up facing a credit crisis and a hard economic landing.
But several specific factors must be accounted for in assessing whether this is China’s fate. While China’s debt/GDP ratio is very high, the same is true in many successful East Asian economies, such as Taiwan, Singapore, South Korea, Thailand, and Malaysia. And China’s saving rate is much higher. Ceteris paribus, the higher the saving rate, the less likely it is that a high debt/GDP ratio will trigger a financial crisis.
In fact, China’s high debt/GDP ratio is, to a large extent, a result of its simultaneously high saving and investment rates. And, while the inability to repay loans can contribute to a high debt burden, the nonperforming-loan (NPL) ratio for China’s major banks stands at less than 1%.
(A bit from his article)
China's real-estate price bubble is often named as a likely catalyst for a crisis. But how such a downturn would unfold is far from certain.
Let us assume that the real estate bubble has burst. In China, there are no subprime mortgages, and the down payment on the purchase price required to qualify for financing can exceed 50 percent. Given that property prices are unlikely to fall by such a large margin, the bubble's collapse would not bring down China's banks. Even if real estate prices fell by more than 50 percent, commercial banks could survive -- not least because mortgages account for only about 20 percent of banks' total assets.
At the same time, plummeting prices would attract new homebuyers in major cities, causing the market to stabilize. And China's recently announced urbanization strategy should ensure that cities' demographic structure supports intrinsic demand. If that were not enough to ward off disaster, the government could purchase unsold properties and use them for social housing.
Moreover, if necessary, banks could recover funds by selling collateral. As a last resort, the government could step in, as it did in the late 1990s and early 2000s, to remove NPLs from banks' balance sheets. Indeed, China has a massive war chest of foreign-exchange reserves that it would not hesitate to use to inject capital into commercial banks.
That remains a highly unlikely scenario. China's banking system does face risks stemming from a maturity mismatch between loans and deposits. But the mismatch is less severe than some observers believe. In fact, the average term of deposits in China's banks is about nine months, while medium- and long-term loans account for just over half of total outstanding credit.
southern view also talks about Mr Market.
By a climbing euro -above 1,4- we may watch new highs on Nasdaq, DJ, etc
By a declining euro, we are in May so...
Wait and see: the best for our pockets.
ECB or Yellen?
Both giving inaccurate market signals.
Ms Yellen started her job with grammatical errors without regard her strategic position.
Then she corrected giving a clear definition for 2014 but didn't show the Ben coordination with the ECB. At least nobody noticed.
Maybe she thinks it's not necessary, but keeping the discount bond repurchase is insufficient to European financial fragility.
All major banks -and HF- checking every second the euro dollar relationship awaiting ECB for an extra help to weaken its currency.
(yen/euro??? in the same political discuss)
sold out FEYE @ breakeven.
Just remembering Master Natural experience decided to runaway this thing and also Master Gusto telling us stocks usually retest their bottoms so...
yep dear Master
one good : ZA gave me another 15% in a day : yesterday got 7000 @ 1,69 and sold today @ $ 1,97
one bad: bought FEYE @ $ 41,70 so losing 7% in two days...
Anyway if XIN goes below $4 should be time to revise their divy rate.
Might be time to redeem Cyprus bonds adding more XIN if they continue paying quarterly.
Within southern pocket having Venezuelans bonds since more than a decade getting 16% to 19% per year (8 to 9,5% each six months) so recovered all that money long time ago.
(For that reason bought some Cyprus after their crisis and closer the time to sell them)
For the moment not buying Argentine bonds because expecting to see our real reserves inside our central bank after July and how far our next devaluation.
The best for you and your patience here
South Cosmic Dust
Anyway understanding better Mr Market about moving averages climbing a bit on Q previous days
Yesterday spent discussing myself one hour when EZPW revisit $11....
Luckily didn't add by a lot of doubts