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141-160 of 69565
More money printing means
US $ vs Singapore Property.
Chinese Yuan vs Singapore Property.
Not vs another currency because they are also printing but Singapore land is finite.
Money is infinite.
Just my sense of logic.
I don't it become mainstream.
Discuss in your SMU Economics class tomorrow.
What else is finite?
Even bitcons is not finite and is manmade.
So you see why property prices are rising.
yummygd ( Date: 20-Nov-2013 20:10) Posted:
Minus minus equal to plus?
Wisely ( Date: 20-Nov-2013 17:43) Posted:
Somehow reading news from everywhere it gives me a negative feeling.....
US no money print more money
China, now following US sub prime.....i think they will print more money after it burst follow the americans (cannot be wrong one)
Euro, since both US and China print money why not we print as well
England, since Euro print money then they(Euro) cannot stop us from printing ours also
Japan, fish the G7 print money why am i waiting for
so what will happen to $$$ and the world? |
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Minus minus equal to plus?
Wisely ( Date: 20-Nov-2013 17:43) Posted:
Somehow reading news from everywhere it gives me a negative feeling.....
US no money print more money
China, now following US sub prime.....i think they will print more money after it burst follow the americans (cannot be wrong one)
Euro, since both US and China print money why not we print as well
England, since Euro print money then they(Euro) cannot stop us from printing ours also
Japan, fish the G7 print money why am i waiting for
so what will happen to $$$ and the world? |
|
bro gufeng88 likely a person with good stamina :-). Cheers.
hmm the second post look much better, ha ha.
hi Wisely 卫 斯 里 ??
There are probably still big problems to be solve. The future may depend on the collective wisdom of the world leaders and ... we can 随 机 应 变 along the way. Cheers.
Equities Set to March On After Yellen's Dovish Remarks- Global equities to continue higher on strengthening economy
- Dovish comments by Fed Chair-designate Janet Yellen reinforces US equities' bullish tendencies but are negative for the Dollar
- Ignore the 'noise' around the taper - equities have been outperforming through both 'taper-on' and taper-off' periods
- China's Third Plenary Session sets tone for future reforms
- But China equities could struggle on who stands to gain from the reforms
- Bank Indonesia hiked rates amid current account deficit concerns
Somehow reading news from everywhere it gives me a negative feeling.....
US no money print more money
China, now following US sub prime.....i think they will print more money after it burst follow the americans (cannot be wrong one)
Euro, since both US and China print money why not we print as well
England, since Euro print money then they(Euro) cannot stop us from printing ours also
Japan, fish the G7 print money why am i waiting for
so what will happen to $$$ and the world?
Equities Set to March On After Yellen?s Dovish Remarks
· Global equities to continue higher on strengthening economy
· Dovish comments by Fed Chair-designate Janet Yellen reinforces US equities? bullish tendencies but are negative for the Dollar
· Ignore the ?noise? around the taper ? equities have been outperforming through both ?taper-on? and ?taper-off? periods
· China?s Third Plenary Session sets tone for future reforms
· But China equities could struggle on who stands to gain from the reforms
· Bank Indonesia hiked rates amid current account deficit concerns
Interest Rate Swaps Hit Record High As China Warns " Big Chance Of Bank Failures"
Overnight repo rates are spiking once again in early trading as the typically smaller banks that are more desperate bid aggressively for whetever liquidity they can find. 5Y Chinese swap rates have also reached a record high as the Yuan reaches its highest since Feb 2005. Chinese authorities are clearly stepping up the rhetoric:
- *CHINA SHADOW-FINANCE RISKS WILL SPREAD TO BANKS, FANG SAYS
- *VERY BIG CHANCE ONE OR TWO SMALL CHINA BANKS WILL FAIL: FANG
- *SOME CHINA TRUST INVESTMENT FIRMS MAY FAIL, SELL ASSETS: FANG
- *CHINA MUST PLAN FOR BANK-FAIL SCENARIOS TO MANAGE RISKS: FANG
- *CHINA NEEDS TO PAY MORE ATTENTION TO CORPORATE LEVERAGE: HU
The gambit between the PBOC's liqudity provision and the growing dependence on their " spice" is clear - the question is, of course, will banks send a message (via the markets) to the PBOC or will they self-select (on first-mover's advantage) eradicating the weakest.
5Y Chinese Interest Rate Swaps have reached a record high (implying expectations priced into the market of rising interest rates)...
and short-term liquidity is problematic again as overnight repo jumps to 5.00% in early trading..
What everyone is wondering is - with the failure of 1 or 2 banks seemingly guaranteed - how will the contagion be contained? How will the interbank market respond when no one knows who is it? We know what happened in the US in 2008...
Wah. Ossia now 23.5 cent leh... If 10cent dividend = 42.5% dividend yield??
Vested now. Hope Ossia can give a big chinese new year angbao. Huat ah
boss i am looking forward to your christmas rally !!!!
risktaker ( Date: 20-Nov-2013 13:52) Posted:
Christmas coming.....next week we may try to trade some stocks .....when market is bad we also need festive rally..... come on everyone help to regain the market sentiment.... what done cannot be undone....PAP huat ah.... Santa clause is coming to town.....
1)rowsley - possible more projects coming
2)rex - oil drilling report out soon
3)valuemax - its trading at ipo price dirt cheap
4)albedo - RTO is backed by strong players
5)singtel - my target $4.00 by 2014
6)wilmar - investment is finally making $$$ many good quarters ahead
7)ossia - expect 10 to 15 cents dividend
8)rh petrogas - drilling reports coming
9)geo energy - BB maybe interested in buying a stake
10) genting sp - as usual the best period for RWS.
I believed a 20 to 30 percent upside potential..... good luck thats my own thinking... even though i know market has lost many BB......
huat ah singapore and merry christmas |
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Christmas coming.....next week we may try to trade some stocks .....when market is bad we also need festive rally..... come on everyone help to regain the market sentiment.... what done cannot be undone....PAP huat ah.... Santa clause is coming to town.....
1)rowsley - possible more projects coming
2)rex - oil drilling report out soon
3)valuemax - its trading at ipo price dirt cheap
4)albedo - RTO is backed by strong players
5)singtel - my target $4.00 by 2014
6)wilmar - investment is finally making $$$ many good quarters ahead
7)ossia - expect 10 to 15 cents dividend
8)rh petrogas - drilling reports coming
9)geo energy - BB maybe interested in buying a stake
10) genting sp - as usual the best period for RWS.
I believed a 20 to 30 percent upside potential..... good luck thats my own thinking... even though i know market has lost many BB......
huat ah singapore and merry christmas
Bernanke: Recent jobs reports are 'disappointing'
By Annalyn Kurtz @AnnalynKurtz November 19, 2013: 7:04 PM ET NEW YORK (CNNMoney)
Forget that strong October jobs report. It wasn't strong enough to convince Ben Bernanke to slow the Federal Reserve's stimulus program.
The latest data show the economy added an average of 200,000 jobs each of the last three months -- marking a sudden breakout for the labor market after months of weaker reports. .....................
Bernanke: Fed committed to easy policy for as long as needed
Federal Reserve Chairman Ben Bernanke said on Tuesday the Fed will maintain ultra-easy US monetary policy for as long as needed and will only begin to taper bond buying once it is assured that labour market improvements would continue.
In a speech to the National Economists Club that echoed dovish comments by his nominated successor, Janet Yellen, Mr Bernanke also said that while the economy had made significant progress, it was still far from where officials wanted it to be. " The FOMC remains committed to maintaining highly accommodative policies for as long as they are needed," he said in prepared remarks, referring to the policy-setting Federal Open Market Committee. " I agree with the sentiment, expressed by my colleague Janet Yellen at her testimony last week, that the surest path to a more normal approach to monetary policy is to do all we can today to promote a more robust recovery," he said.
President Barack Obama nominated Yellen, the Fed's current vice chair, to replace Bernanke when his terms ends on Jan 31.
The Senate Banking Committee, which held a hearing for Ms Yellen last week, will vote on her nomination on Thursday to pass it to the full Senate for consideration. She is expected to win confirmation with relative ease
Straits Times ST: limited upside.
Update on supports and resistances.
Pivot: 3120
Our preference: Long positions above 3120 with targets @ 3260 & 3330 in extension.
Alternative scenario: Below 3120 look for further downside with 3070 & 2990 as targets.
Comment: the next resistances are at 3260 and then at 3330.
Key levels
3365
3330
3260
3190.84 last
3120
3070
2990
Copyright 1999 - 2013 TRADING CENTRAL
U.S. Stocks Fall as Best Buy Drops Before Bernanke Speech
Click for more market data.
U.S. stocks fell after disappointing forecasts from
Best Buy (BBY) Co. and Campbell Soup Co. while investors awaited a speech from Federal Reserve Chairman
Ben S. Bernanke to gauge the prospect of continued stimulus.
The Standard & Poor?s 500 Index fell 0.2 percent to 1,787.87 at 4 p.m. in
New York. Yesterday, the gauge briefly surpassed
1,800 (SPX) for the first time. The
Dow Jones Industrial Average lost 8.99 points, or less than 0.1 percent, to 15,967.03. About 5.8 billion shares changed hands on U.S. exchanges, about 3 percent below the three-month average.
?The economy is not doing badly, and the Fed is remaining very aggressive and very friendly toward the market,? Bruce Bittles, chief investment strategist at RW Baird & Co., said by phone from Sarasota,
Florida. His firm oversees $100 billion. ?We?ve had a big run. My suspicion is that the market might go sideways now for a little while before we encounter a year-end rally in December.?
The S& P 500 is up 25 percent this year, putting it on track for the biggest annual gain since 2003, as the Fed kept its monetary stimulus to spur economic growth and corporate earnings topped analysts? estimates.
?More Hopeful?
Bernanke is scheduled to speak in
Washington today after Fed Bank of New York President
William Dudley said yesterday that while he?s ?more hopeful? the
U.S. economy is strengthening, it?s not enough to warrant stimulus cuts yet.
Chicago Fed President
Charles Evans, among the most vocal advocates for additional easing from the Fed, said today that while the central bank is going to deliver highly accommodative policy until it can get the economy where it wants, the biggest challenge is credibility.
The
Organization for Economic Cooperation and Development cut global growth forecasts for this year and next as emerging-market economies including India and
Brazil cool. The world economy may expand 2.7 percent this year and 3.6 percent next year, instead of the 3.1 percent and 4 percent predicted in May, the Paris-based OECD said in a report today. Growth in the U.S. will be 1.7 percent and 2.9 percent this year and next, broadly similar to the outlook in May.
Fed Minutes
The Fed will release minutes of its October policy meeting tomorrow. The document will reveal more details behind the decision to press on with $85 billion in monthly asset purchases.
Policy makers will probably pare that pace to $70 billion at their March 18-19 meeting, according to the median estimate in a Bloomberg survey. Three rounds of monetary stimulus have helped propel the
S& P 500 up 165 percent from a bear-market low in 2009.
Wall Street strategists have played catch-up in their U.S. stock-market forecasting for most of the year. Yesterday?s average prediction for the S& P 500 stood at 1,733, or almost 59 points below the index?s closing value. The gap dwindled to this year?s low of minus 70 points at the end of last week from a high of 84 points on Jan. 8.
John Stoltzfus, chief market strategist at Oppenheimer & Co. in New York, today boosted his 2013 projection for the S& P 500 by 4.7 percent to 1,812, citing the market?s strength. The index will end next year at 2,014, he forecast.
Economic Recovery
?Recent improvements in the tone of U.S. economic data suggest to us that prospects are good for investors to see a continuation of the economic recovery that could drive earnings higher in the year ahead,? Stoltzfus wrote in a note.
The S& P 500 trades at 16.9 times reported operating profit, a 20 percent increase from the beginning of 2013, according to data compiled by Bloomberg. Last week, the benchmark?s
valuation reached the highest level since May 2010.
The Chicago Board Options Exchange
Volatility Index (VIX), the gauge of S& P 500 options known as the VIX, rose 2.2 percent today to 13.39. The measure is down 26 percent this year.
Six out of the 10 main S& P 500 industries declined as industrial and utility shares fell more than 0.6 percent for the worst performance.
World Markets
North and South American markets finished broadly lower today with shares in Brazil leading the region. The Bovespa is down 2.35% while Mexico's IPC is off 0.95% and U.S.'s S& P 500 is lower by 0.20%.
North and South American Indexes
NEWS HEADLINES
- US stocks closed mostly lower on Mon after activist investor Carl Icahn said he?s ?very cautious? on equities and they could experience a ?big drop.?
- Singapore's non-oil re-exports (NORX) surged to a record high of S$22.3b in Oct, rising 26.7% YoY....
- SingHaiyi Group has acquired the full equity stake of Vietnam Town, a partially completed commercial condominium development project in San Jose, California, for US$33.05m.
- Falcon Energy Group proposed a 1-for-10 bonus warrant issue of up to 82,453,751 free warrants for shareholders.
- Soilbuild Construction has won a contract to build a S$13m facility at the new Seletar Aerospace Park.
- NSL Chemicals, a wholly owned subsidiary of NSL Ltd, has agreed to sell its entire 100% stake in NSL Chemicals (Thailand) Ltd (NSCT) to SCG Chemicals Ltd for S$328.3m.
- Civmec Construction & Engineering, a subsidiary of Civmec Limited, has bagged new contracts worth a combined S$65m.
Market Recap
US equities closed mostly lower on concerns that the current rally is unsustainable.
The Dow finished modestly higher although it was up by as much as 69 points intraday. Boeing (+1.7%) led gains for 14 of the Dow?s components on news of strong aircraft orders. The S& P 500 was dragged lower by the consumer discretionary and energy sectors while the NASDAQ Composite experienced declines after Apple lost 1.2%.
WTI Crude for Dec lost 81 cents, or 0.9%, to end at US$93.03 while Jan Brent shed 3 cents to settle at US$108.47/barrel.
The slide by precious metals continued as investors evaluated the timing of the Fed?s tapering. Gold for Dec delivery fell by US$15.10, or 1.2%, to end at US$1,272.30/ounce while Dec Silver lost 37 cents, or 1.8%, to end at US$20.36/ounce.
Implications for Singapore
The pull-back on Wall Street overnight is likely to cue the local bourse to a poorer start this morning.
Despite other Asian markets having a strong run yesterday, the STI ended just 0.1% higher (just 3 points above the 3200 psychological level) this suggests that local sentiments remain rather uncertain at the moment.
And with today?s tone likely to be a tad more downside biased, we could see the index testing the 3200 level again.
Below that, the next base lies at the 3155 minor trough. On the upside, 3230 is still the immediate resistance (minor peaks), as the next hurdle is pegged at the 3260 key peaks.
sti movement tends to be muted going down or up which kinda evens it out. over the past 5 yrs the gain in sti is 90+% in fact higher than hang seng and on par with taiwan.
