World economy talk

[uls]

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[tidus1203]

Last Friday there was sudden buying towards the close...

Yesterday, this happened!



By the way I shorted EWZ yesterday at 61.06, this is a way to short the Brazilian market... Dang I love the US equity markets kumpleto talaga you want to get into or short something laging merong product (ETF or what not) you can use. RP market really sucks, poor liquidity and halos walang kwentang mga stocks...

[uls]

sharp selloff in the last 15 minutes

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BZQ is another way to short Brazil



or short emerging markets



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short the US market with these

FAZ, PSQ, SH, DOG, SDS, DXD, etc

[uls]

funny video

but true

[ame="http://www.youtube.com/watch?v=thSTpGnWEAs"]YouTube- Clarke and Dawes ask the million dollar questions ABC News Australian Broadcasting Corporation[/ame]

[Monseratto]

I hope the europeans won't go begging to China...

[Monseratto]

Euro slow motion downward continues...

[tidus1203]

sharp selloff in the last 15 minutes

--

BZQ is another way to short Brazil



or short emerging markets



--

short the US market with these

FAZ, PSQ, SH, DOG, SDS, DXD, etc

Thanks I didn't know meron din palang Ultrashort (by Proshares, astig naman tong company ito laging kontrabida) ang Brazilian stocks. Sana yan nalang pala tinira ko (kaso kinda illiquid konti lang nag trade 150,000 shares a day average lang??) kaysa shorting the EWZ (which is quite conservative, pero very liquid)

Grabe Asian stocks are getting slammed. US futures will be getting slammed in about 9 hours time! Europe is going to get slammed in about 3 hours time!

[uls]

Libor keeps rising

sign of stress in the financial system

Spain had to bail out a 146-yr old savings bank and force 4 other banks to merge

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in Asia, tension between the Koreas

USD against Korean Won

[tidus1203]

funny video

but true

YouTube- Clarke and Dawes ask the million dollar questions ABC News Australian Broadcasting Corporation

Why is the US economy stronger? Because its owned by China!

[tidus1203]

Libor keeps rising

sign of stress in the financial system

Spain had to bail out a 146-yr old savings bank and force 4 other banks to merge

--

in Asia, tension between the Koreas

USD against Korean Won

I am sure the SoKor's don't mind. At least may competitive edge nanaman sila with their Japanese rivals (Hyundai Motors VS Toyota Motors, Samsung VS Sony, Hynix vs Matsushita, Hyundai Heavy VS Mitsubishi Heavy etc.). While the KRW sinks, the JPY rises in these turbulent times!

[uls]

tidus:

Why is the US economy stronger? Because its owned by China!

hehe

diyan din ako natawa

[uls]

EUR/JPY

[uls]

signs of stress in the financial system:

http://www.businessweek.com/news/201...or-safety.html

2-year swap spread:

The two-year swap spread widened 10.5 basis points yesterday to 52.25 basis points yesterday, the biggest increase since Feb. 10, 2009. A basis point is 0.01 percentage point.

In a swap, investors exchange fixed- and floating-rate obligations. The spread is the difference between the fixed rate and the yield on same-maturity Treasuries.

Yields indicate banks have become less willing to lend because of the European crisis.

chart from: http://www.bloomberg.com/apps/quote?ticker=USSP2:IND

3-month Libor:

The London interbank offered rate, which banks pay for three-month loans in dollars, rose to 0.51 percent yesterday, the highest level since July, according to the British Bankers’ Association.

chart from: http://www.bloomberg.com/apps/quote?ticker=US0003M:IND

Libor-OIS spread:

The extra yield Libor offers over the overnight indexed swap rate, the Libor-OIS spread, widened to 29 basis points today, also the most since July.

chart from: http://www.bloomberg.com/apps/quote?ticker=.lois3:ind

[uls]

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[Monseratto]

After a short respite, oil and Euro continue to sink...DJI will surely sink below the 10,000 level and stay there.

[tidus1203]

As I have said this is now the 2nd phase of the Great Recession, they normally come in trilogies so I wonder what's the 3rd phase? China's housing bubble burst and the Chinese consumer which is about to start following the American consumers suddenly go back to their old ways of saving? We may never know for a few more years... Its kinda nostalgic to look back where all of this began in what should have been a quiet February 2007 was actually the beginning of the Great Recession when the market suddenly tanked...

[ame]http://www.youtube.com/watch?v=_-rke3JXqb4[/ame]

In the short run I am looking at S&P 500 at 1000. After we hit that I will analyze again where to... If you're the market stay safe, stay SHORT!

[leonleon]

Grabe Asian stocks are getting slammed. US futures will be getting slammed in about 9 hours time! Europe is going to get slammed in about 3 hours time!

http://www.philstar.com/Article.aspx...CategoryId=200

[Monseratto]

Third phase probably global war like in the forties...

[tidus1203]

Wag naman war... I hope its only economic and not something political like war. But yeah guess what took the world out of the Great Depression? Yep, World War 2! The spending from that war practically revived the economy!

[uls]

sa lagay na yan the Bangko Sentral has been selling dollars to support the peso