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hisah
#971 Posted : Sunday, July 10, 2011 2:41:26 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Chinese CPI @6.4% in June... 3yr high. Inflation on a rampage... Since the ching have admitted to fudging figures, I wonder what is the real value.

http://www.chinadaily.co.../09/content_12868578.htm
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#972 Posted : Sunday, July 10, 2011 8:56:53 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
http://www.businessdaily.../-/aeokwqz/-/index.html

IMF revises KE growth rate upwards to 5.7% -> At this point I wish there was a trade bet vs the banksters. I bet all in against the banksters.

Spains mortgage trap - http://www.nytimes.com/a...r-Life.html?_r=3&hp

Meanwhile Italy bans short selling of some dicey stocks... PPT always wants stocks up even when in crappy biz...

http://translate.google....8931198/%3Fref%3DHREA-1
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#973 Posted : Sunday, July 10, 2011 10:09:15 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
http://www.youtube.com/watch?v=Blvq8vhyJS8

These global protests won't be defeated by teargas nor bullets... MVs will tank enmasse during this timeline...

http://www.youtube.com/watch?v=5gWblabufAI
http://www.youtube.com/watch?v=JQ-9MGdiwcM
http://www.youtube.com/watch?v=J64zl3vQpG4 - hmmm...

But some expect NSE to be bullish with this mood and IMF GDP upgrades...

Update - And now CNBC makes some adjustment to help the PPT team. Cramer will also be appearing on the Squawk on the street prog...After that uk paper shutdown, the same should be done with cnbc & many other lame stream media.
Cramer is famed for see below and many others...

http://www.youtube.com/watch?v=gUkbdjetlY8
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
FUNKY
#974 Posted : Monday, July 11, 2011 11:36:53 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
http://www.standardmedia...0in%20the%20medium-term

Things in Kenya are not looking too rosy. Damn it inflation will reach 22.9% by early next year.
hisah
#975 Posted : Monday, July 11, 2011 6:29:47 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
FUNKY wrote:
http://www.standardmedia.co.ke/business/InsidePage.php?id=2000038520&cid=14&story=Inflation%20set%20to%20remain%20sky%20high%20in%20the%20medium-term

Things in Kenya are not looking too rosy. Damn it inflation will reach 22.9% by early next year.


Such bearish news is usually a sign for the buyers to keep loading up waiting for the uplift when the sellers become tired of selling. So far, bado gari haijajaa...
When the business news in the lame stream media gets to a point it is aired for only 2 minutes or the same old news items and the print paper biz news pages reduce, that's the sign for the rally smile

Learn to read news wearing money goggles...


http://allafrica.com/stories/201107050189.html
http://www.theeastafrica...60/1197922/-/ywt4kdz/-/


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
kenyainvesting.blogspot.com
#976 Posted : Monday, July 11, 2011 7:31:02 PM
Rank: New-farer

Joined: 3/29/2011
Posts: 56
Location: Kenya
hisah wrote:


Learn to read news wearing money goggles...



MY BLOG: Kenya Investing
BE MY FRIEND ON FACEBOOK: Kenya Investing Facebook Page
TWITTER HANDLE: @kenyainvestor
hisah
#977 Posted : Monday, July 11, 2011 8:02:13 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Belgium: No gubberment, no problem - 13 months and counting... This is the next target for the rating agencies... Oh dear, what did the euro currency do to deserve all this bashing... Is it coz of the Ching buying while dumping the USD... Dexia bank will get served soon...

http://www.monstersandcr...-leader-rejects-reforms


Update --> While we are watching the eurozone money circus, the Syrians were planing a pirate in the caribbean take over of the US embassy in Syria... WTH... Too much happening at the same time...

http://blogs.aljazeera.n.../syria-jul-11-2011-1705


And the global protests meter is now on the verge of snapping out....

Malaysians protest today...

Moroccoans protest today...

I have stopped keeping the score. It is like watching a football match with scores running like 10 - 0. Boring... Since I dislike the lame stream media for their biased news coverage aka lies, I think I can exonerate them from not being able to show all the protests as they run out of space to air all these news...

http://www.radioaustrali...ies/201107/s3266737.htm

http://www.eurasiareview...-for-democracy-11072011/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#978 Posted : Tuesday, July 12, 2011 6:30:50 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@KK - Calif politicians now want to split this 51st state. 13 counties in the south to break away from the other debt toxic counties. And they mean it?!

http://www.sfgate.com/cg...s/detail?entry_id=92900

Meanwhile can someone please tell madam IMF MD to stop hinting at a Greece credit event likelihood?! A credit event is a political lingo for default au bankruptcy. From the overnight emergency meeting & G Pap's (Greek PM) angry letter to IMF, the euro masters seem to fancy some credit event on some bonds. Since Italia's short selling ban didn't help much yesterday, Consob should suspend trading today...

With all the credit market volatility since March 2011 after Jap's nasty quake, it is interesting to note that global equities have held their ground i.e. the panic selling didn't arise like in March 2008.

The only question is, if Greece defaults on some bonds, what happens to the other PIIGS nations? This will soon make the Quanto trade & the CDS market to be a fireworks central...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#979 Posted : Tuesday, July 12, 2011 8:08:51 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
This is going to be the story across the globe this decade since the hens have woken up enmasse thus shocking the system...

http://www.youtube.com/w...list=PLDC8F531C0915556B

Some history - http://www.youtube.com/watch?v=yAzWNkCMt8w
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#980 Posted : Tuesday, July 12, 2011 4:17:01 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
US trade balance for May deteriorates to -$50.2b from -$43.6b in April vs -$44.1b forecasted - That's the largest deficit since 2008 by the way.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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