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Introduction to Zimbabwe and the Zimbabwe Stock Exchange.
Cde Monomotapa
#61 Posted : Friday, September 30, 2011 6:19:36 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Aliye na macho?
Cde Monomotapa
#62 Posted : Friday, September 30, 2011 7:20:30 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@msaliti it is easy to see where the Zambians are coming from with their tax proposal. See, a Western and consequently Eastern economic slowdown means a crash in Copper prices (like during the GFC in 08). Copper accounts for 80% forex income so we can appreciate the urgency & concern smile Thankfully Zim has just come out of a decade of recession so every (any) dollar counts. I am happy if Zim returns to full mining capacity from the bottom of the resources & precious metals mkts coz that way we'll ride the global economic recovery thus, increased prices y-o-y for an extended period of time smile #sustainble.devt#
Nabwire
#63 Posted : Friday, September 30, 2011 8:55:18 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
I urge U strongly to take a keen interest in what makes the market (economic fundamentals) and less of the mkt itself OTW utaungua and U won't know why & how. I am monitoring at ur CPI, PPI, GDP, Non-farm, jobless claims, new & continuing, slow private investment (hence the avalanche in SSA and limited job growth in US) and I think there is major downside along the road. Ur politicians are just dicking around about implementing fiscal responsiblty, but I undrstand it will wait till after elections, then the pain ought to start. So i'll wait. Gosh! Even Bernanke admitted that US unemployment is a "national crisis" #OCCUPYWALLSTREET[/quote] CPI figures are out every month, so unasema utaziangalia for the next 6 years Sad ? By the way the mayweather stocks are not really dependent on these figures. Walmart, McDonald's, Coke usually weather the storm unless an industry specific calamity hits them, so figures like CPI dont really matter unless you are a hedge fund manager handling billions and the slightest change affects your portofolio adversely. On jobless claims, they are not really an accurate figure because the gava does not count people who have given up hope and stopped looking for a job. On slow private investment, the truth is Americans will never give up on their country, they might hold onto cash until the volatility subsides, but they will always give priority to investing in their country. About the politicians and the budget, truth is the US will not default on its debt, those were just political games, it is afterall election season. Republicans want Obama to fail by any means, thus they play these games then at the last minute, they vote to extend afterall, this gives them political muscle. Though the US has defaulted in the past, and under Reagan the debt ceiling was raised numerous times. In summary, its all smoke and mirrors smile
Cde Monomotapa
#64 Posted : Friday, September 30, 2011 9:35:42 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
That's because they also make money elsewhere especially emerging markets Laughing out loudly Laughing out loudly infact add google, MS, apple to the list of MNCs. C'mon. Be objective.
Nabwire
#65 Posted : Friday, September 30, 2011 9:37:42 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Sawa you've been warned, utashangaa. Monday the earnings report start streaming in, October should be red!!
Nabwire
#66 Posted : Friday, September 30, 2011 9:39:42 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
So how am I not being objective? Im just telling you that the market here does not work like the one there.
Cde Monomotapa
#67 Posted : Friday, September 30, 2011 9:44:19 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Nabwire wrote:
Sawa you've been warned, utashangaa. Monday the earnings report start streaming in, October should be red!!
Good. Look at the MNCs who do segment reporting and see what story their Western mkts tell.
Cde Monomotapa
#68 Posted : Friday, September 30, 2011 9:49:54 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Nabwire wrote:
So how am I not being objective? I'm just telling you that the market here does not work like the one there.
If your mkts were driven by your objectivity then the Dow would be rising instead of falling and oil at over $200 inspite the over-educated but jobless, foreclosed & over-leveraged protestors camped outside Wallstreet for 3 weeks and just yesterday spread to Frisco & surrounded BofA.
Nabwire
#69 Posted : Friday, September 30, 2011 9:53:25 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Be real, those companies have been in the US for decades minting profit, they just recently expanded into Emerging markets, and yes with the West economy cooling off, the emerging markets have held them up. So are you saying without emerging markets, those companies may become obsolete? The problem is people are unfairly comapring the US during its tough times to emerging markets during their boom times, apples and oranges. And I thought we were talking about SSA which is a frontier not emerging market, wacha mzaha.
Cde Monomotapa
#70 Posted : Friday, September 30, 2011 9:55:33 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Nabwire wrote:
Be real, those companies have been in the US for decades minting profit, they just recently expanded into Emerging markets, and yes with the West economy cooling off, the emerging markets have held them up. So are you saying without emerging markets, those companies may become obsolete? The problem is people are unfairly comapring the US during its tough times to emerging markets during their boom times, apples and oranges. And I thought we were talking about SSA which is a frontier not emerging market, wacha mzaha.
Good. You've finally got it.
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