STI is d oni bourse turn RED and closed RED, catching up on others regional bourses (46th NDP - 9 Aug)

Wed -Aug 10, 2011. Straits Ti...

2,821.09 points

-62.91 or

-2.18%

teeth53      ( Date: 07-Aug-2011 11:25) Posted: teeth53         ( Date: 03-Aug-2011 23:25) Posted: Went down on a wild  ride and up on a volatile day, the day after Aug 2, 2011. This coming week - another volatile wk, help by DOW turbulence, a sell down like Thursday may not happen. News like this help - Stocks took wild ride, as investors remain nervous about a global slowdown. News that Italy may have agreed to budgetary reforms helped lift markets in afternoon trading.  More Stocks plunged Thursday, with the Dow tumbling 512 points. It was the steepest point loss since October 2008 -- as fear about the global economy spooked investors. teeth53         ( Date: 29-Jul-2011 21:35) Posted: Dow kena hit by air turbulence, there after Aug 2, 2011. More air turbulence, and after come d sunshine.

 

When Ah Ben speak, everyone listen....like that is more then enuff to spur...DOW.

http://www.bloomberg.com/news/2011-08-09/u-s-banks-advance-as-investors-snap-up-citigroup-bofa-at-two-year-lows.html

Citigroup Inc. (C) led banks higher in NY trading as investors bought shares at 2-year lows following the U.S. credit-rating downgrade and amid speculation that the Federal Reserve may take steps to spur the economy.

teeth53      ( Date: 09-Aug-2011 23:57) Posted: http://www.bloomberg.com/news/2011-08-08/bernanke-may-move-to-lift-confidence-on-concern-u-s-heading-for-recession.html Ah Ben -  May strengthen their commitment to record monetary stimulus as soon as today after a faltering economic recovery and a U.S. credit- rating cut provoked a rout in global stocks. By a 52% to 48% margin, respondents in a Bloomberg News survey said the Fed would ease policy this year through monetary tools or statement language. If the central bank acts, 59% said it would communicate that the federal funds rate, balance sheet or both will remain especially stimulative for a longer period or more specific amount of time. Chairman Ben S. Bernanke and his colleagues are weighing the use of more untested policy tools after two rounds of bond buying totaling $2.3 trillion failed to spur sufficient economic growth and reduce unemployment below 9%. The Federal Open Market Committee (FOMC)  holds its regular meeting today in Washington following the worst day for U.S. stocks since December 2008. “The odds of more dramatic action are higher,” said Vincent Reinhart, a former chief monetary policy strategist at the Fed. “However, they might not want to be seen as responding so directly to equity prices,” Reinhart said, adding that policy makers may wait to signal a new round of bond purchases until Bernanke gives a speech on Aug. 26 at a Fed conference at Jackson Hole, Wyoming. teeth53      ( Date: 09-Aug-2011 22:36) Posted: Singapore 46th NDP is save by Ah Ben....when Ah Be speak, everyone is listening. Don't look to the Fed for a rescue Chairman Ben Bernanke will probably acknowledge that the economic outlook now appears decidedly more challenging than it did when the Federal Open Market Committee (FOMC) met in late June. If the Fed does decide to take immediate action, it will likely signal to markets that the federal funds rate, balance sheet or both will remain even more stimulative for an extended period. WILD RIDE UNDERWAY 9:58AM: On day after sell-off, Dow seesaws early. Investors await Fed's statement on monetary policy.   More U.S. stocks gained more than 1 percent in early trading on Tuesday, recovering from a brief negative turn in a volatile session

 

http://www.bloomberg.com/news/2011-08-07/muni-market-prepares-for-loss-of-aaa-ratings-as-s-p-downgrades-u-s-credit.html

S& P, in lowering the U.S. from AAA on Aug. 5, cited the nation’s political process and said lawmakers failed to reduce spending enough in their deal to raise the debt ceiling. Moody’s Investors Service and Fitch Ratings affirmed their top ratings on Aug. 2, the day President Barack Obama signed the bill raising the debt ceiling and avoiding a default.

Similar to Moody’s outlook 

Any state and local govt downgrades from S& P may be similar to potential rating cuts Moody’s mapped out last month, DeGroot said in his report. Moody’s on July 13 said a possible U.S. downgrade would affect 7,000 municipal credits totaling $130 billion that are directly linked to U.S. credit.

Moody’s also said it would review indirectly linked debt and last month said it may downgrade five of the 15 states it ranks Aaa because of their vulnerability to cuts in federal spending.

Moody's. The company wound up reaffirming those top ratings last week, assigning a negative outlook.

teeth53      ( Date: 07-Aug-2011 11:32) Posted: U.S. credit rating agency is taking the first strike initiative to give itself more space to win consumer confident, and it doing so, give itself - judge by consumers in doing a better job then others credit rating agency. teeth53      ( Date: 06-Aug-2011 19:52) Posted: Sure-ly China, U.S. and even Euro may come out with more credit rating agency. Leaving less space for U.S. agency to move to manipulate,  as less in U.S. dollars value deteriorate.

 

http://www.bloomberg.com/news/2011-08-08/bernanke-may-move-to-lift-confidence-on-concern-u-s-heading-for-recession.html

Ah Ben -  May strengthen their commitment to record monetary stimulus as soon as today after a faltering economic recovery and a U.S. credit- rating cut provoked a rout in global stocks.

By a 52% to 48% margin, respondents in a Bloomberg News survey said the Fed would ease policy this year through monetary tools or statement language. If the central bank acts, 59% said it would communicate that the federal funds rate, balance sheet or both will remain especially stimulative for a longer period or more specific amount of time.

Chairman Ben S. Bernanke and his colleagues are weighing the use of more untested policy tools after two rounds of bond buying totaling $2.3 trillion failed to spur sufficient economic growth and reduce unemployment below 9%. The Federal Open Market Committee (FOMC)  holds its regular meeting today in Washington following the worst day for U.S. stocks since December 2008.

“The odds of more dramatic action are higher,” said Vincent Reinhart, a former chief monetary policy strategist at the Fed. “However, they might not want to be seen as responding so directly to equity prices,” Reinhart said, adding that policy makers may wait to signal a new round of bond purchases until Bernanke gives a speech on Aug. 26 at a Fed conference at Jackson Hole, Wyoming.

teeth53      ( Date: 09-Aug-2011 22:36) Posted: Singapore 46th NDP is save by Ah Ben....when Ah Be speak, everyone is listening. Don't look to the Fed for a rescue Chairman Ben Bernanke will probably acknowledge that the economic outlook now appears decidedly more challenging than it did when the Federal Open Market Committee (FOMC) met in late June. If the Fed does decide to take immediate action, it will likely signal to markets that the federal funds rate, balance sheet or both will remain even more stimulative for an extended period. WILD RIDE UNDERWAY 9:58AM: On day after sell-off, Dow seesaws early. Investors await Fed's statement on monetary policy.   More U.S. stocks gained more than 1 percent in early trading on Tuesday, recovering from a brief negative turn in a volatile session. timqoo      ( Date: 08-Aug-2011 12:08) Posted: so much bearish news. it can only mean the king of bulls is waiting at the bottom now.

 

Singapore 46th NDP is save by Ah Ben....when Ah Be speak, everyone is listening.

Don't look to the Fed for a rescue

Chairman Ben Bernanke will probably acknowledge that the economic outlook now appears decidedly more challenging than it did when the Federal Open Market Committee (FOMC) met in late June. If the Fed does decide to take immediate action, it will likely signal to markets that the federal funds rate, balance sheet or both will remain even more stimulative for an extended period.

9:58AM: On day after sell-off, Dow seesaws early. Investors await Fed's statement on monetary policy.   More

U.S. stocks gained more than 1 percent in early trading on Tuesday, recovering from a brief negative turn in a volatile session.

timqoo      ( Date: 08-Aug-2011 12:08) Posted: so much bearish news. it can only mean the king of bulls is waiting at the bottom now.

 

in the end, 我 们 还 是 被     ang moh  牵 着 走 .

come to think of how America created since few hundred years ago, it's quite unique. It combines the 49 states(is it incl Hawaii, 50) and it has the world recognised currency, the international phone no. is 1, the americans are not as crazy as chinese, but the country owns plenty of gold. It has so many genuines that created things that the whole world is using. Though you can see that Taiwan , China has it but  many main ideas are still from them, like some IT chips --later copied by the Asian countries . They are sophiscated in Branding.....etc.

Now they use grading to whack or praise the world's stock market.......yet they are the culprit of the crisis(now or then)........Bo yi Bien(拿 他 没 法 子 ）

 

a rebound is a must... Boss say one.... long long long