Wazua
»
Investor
»
Economy
»
Investors Lounge
Rank: Veteran Joined: 9/18/2014 Posts: 1,127
|
wukan wrote:lochaz-index wrote:Quote:Mozambique said it was unlikely to begin repaying debts that were plunged into default by its $2bn hidden-loans scandal until well into the next decade, as the impoverished southern African nation pushed back hopes for a natural-gas bonanza. Quote:Mozambique only expects to receive significant tax revenues from natural-gas projects in the late 2020s to help pay off its debts, much later than previously forecast, Mr Maleiane said on Tuesday.
Tuesday’s offer would see Mozambique only begin to repay the majority of its bonds after 2028. Investors said that the proposal amounts to an effective haircut of about 50 per cent on the debt. Sovereign debt crisis is well and truly on. Investors will rue yield chasing that was the hallmark of international debt markets for the past decade. Interesting times lay ahead for African sovereigns. Questions is are investors chasing yield? After QE, stocks are bought for yields and bonds for capital gains. Not necessarily. The EM/FM play is purely yield chasing as a reaction to QE in AMs. Pre 2016, capital gains were almost a guarantee in any market. Since then the tide has turned and capital gains can only be obtained by being extremely choosy (symptoms of a frothy market) and EM/FMs continue to provide superior yields to say stocks in the Dow or Dax with both giving better capital gains in the same time frame. Once the yields start to reflect default risk that will be very interesting. The main purpose of the stock market is to make fools of as many people as possible.
|
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
Effect of air strikes on the market?
|
|
|
Rank: Veteran Joined: 11/13/2015 Posts: 1,596
|
Mukiri wrote:Effect of air strikes on the market? This was more of american dinner time entertainment so no serious effect
|
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
wukan wrote:Mukiri wrote:Effect of air strikes on the market? This was more of american dinner time entertainment so no serious effect Is it? History has it, that where war was declared, (US) markets have soared.
|
|
|
Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
|
No war has been declared. More like a Trump thing to detract from his mounting woes..
|
|
|
Rank: Member Joined: 3/23/2011 Posts: 304
|
https://www.cnbc.com/201...ions-on-the-agenda.html
US 10yr right around the 3% level(highest level since Jan 2014) has dollar bears in a tight squeeze. Going to be an interesting couple of days to see how the stock market reacts to a break and hold above this key level... You dont have to be great to START but you have to start to be GREAT!!!!!!!!
|
|
|
Rank: Elder Joined: 10/11/2006 Posts: 2,304
|
 DJIA. Expect a STRONG down move in the DOW soon targeting circa 21,000 and below. The RED line at 24862 is our Stop Loss. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
|
|
|
Rank: Elder Joined: 10/11/2006 Posts: 2,304
|
 DJIA. Ready for the drop that will take it to below >>23,000. The current rise should not go significantly beyond 25,000 level. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,701 Location: NAIROBI
|
https://www.businessdail...60366-ketrua/index.html
More money for the stock market Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 10/11/2006 Posts: 2,304
|
mnandii wrote:DJIA. Ready for the drop that will take it to below >>23,000. The current rise should not go significantly beyond 25,000 level. The top is likely in place at 25,000. A move to be;ow 24,000 will be good confirmation of this new line in the sand. Be short Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,701 Location: NAIROBI
|
mnandii wrote:mnandii wrote:DJIA. Ready for the drop that will take it to below >>23,000. The current rise should not go significantly beyond 25,000 level. The top is likely in place at 25,000. A move to be;ow 24,000 will be good confirmation of this new line in the sand. Be short Is this topic about Dow Jones in USA or NSE in Kenya Niko confused. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: New-farer Joined: 7/17/2014 Posts: 15 Location: Geneva
|
Why get confused? have you ever heard about DJIA in Kenya??? Regards,
Jimmy Boy
|
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,908
|
Jimmy Boy wrote:Why get confused? have you ever heard about DJIA in Kenya??? Dow Jones Industrial Average  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Today in history "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Member Joined: 3/23/2011 Posts: 304
|
mnandii wrote:mnandii wrote:DJIA. Ready for the drop that will take it to below >>23,000. The current rise should not go significantly beyond 25,000 level. The top is likely in place at 25,000. A move to be;ow 24,000 will be good confirmation of this new line in the sand. Be short Bold call @mnandii...today's PA indicating a distribution phase add to that 10yr UST spiking to 3.08% def has sellers interested. You dont have to be great to START but you have to start to be GREAT!!!!!!!!
|
|
|
Rank: Elder Joined: 10/11/2006 Posts: 2,304
|
alutacontinua wrote:mnandii wrote:mnandii wrote:DJIA. Ready for the drop that will take it to below >>23,000. The current rise should not go significantly beyond 25,000 level. The top is likely in place at 25,000. A move to be;ow 24,000 will be good confirmation of this new line in the sand. Be short Bold call @mnandii...today's PA indicating a distribution phase add to that 10yr UST spiking to 3.08% def has sellers interested.  More evidence of the topping. The RED line should not be broken upward. Expect lower lows from now. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
|
|
|
Rank: Elder Joined: 10/11/2006 Posts: 2,304
|
Ericsson wrote:mnandii wrote:mnandii wrote:DJIA. Ready for the drop that will take it to below >>23,000. The current rise should not go significantly beyond 25,000 level. The top is likely in place at 25,000. A move to be;ow 24,000 will be good confirmation of this new line in the sand. Be short Is this topic about Dow Jones in USA or NSE in Kenya Niko confused.  An Elder! Wazuans are looking globally now more than ever. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Elder Joined: 10/11/2006 Posts: 2,304
|
 DJIA is off its highs of 25000 as we had anticipated. Expect bigger drops to below 20000. This is a third wave of a third wave down, the strongest and broadest movements occur in third waves of third waves. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
|
|
|
Rank: New-farer Joined: 6/8/2018 Posts: 35
|
a curated list of tweets of whats affecting the financial markets www.bit.ly/2JSKFjV
|
|
|
Wazua
»
Investor
»
Economy
»
Investors Lounge
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|