Enter your Email Address


Useful Links

Know What The Insiders Are Doing!
Stock Trading Software

More Links




[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




Don’t Get Carried Away Now!

Edward Hugh (May 23rd, 2009) Writes:
As Paul Krugman recently pointed out, one of the central points they made in the latest IMF World Economic Outlook was that recessions caused by financial crises tend to get resolved on the back of export-lead booms, with countries normally emerging from the crisis with a positive trade balance of over 3 percent of GDP. The reason for this is simple, since consumers are so laden-down with debt from the boom period, they are naturally more obsessed with saving than borrowing during the initial crisis aftermath. So much then for the typical crisis, and the typical exit. But musing on this point lead Krugman to an additional, rather disturbing, conclusion: since the present financial crisis is truly global in its reach, the habitual exit route to recovery will only work after we are able to identify stronganother planet/strong to send all those exports to (shades of Startreck IV). The joke ...
Tags for this Post:
/br /Indeed Deustche Bank;, Analyst, Anfrea Kiguel;, Aninda Mitra;, Australia, Banco Central do;, Bank, bank regulation level;, bank stress tests;, ben bernanke, Brazil, BSE 30, central bank, central bank reserve basket;, Chairman, Chile, China, Commission of European Communities;, Delhi, Deutsche Bank, director of sovereign ratings, Duvvuri Subbarao, Eastern Europe, Economics, Economist, EU Commission, Europe, European Central Bank, Federal Reserve System, Governor, Gross Domestic Product, head of global currency, head of global currency strategy, Henrique Meirelles, Hungary, Iceland, India, India, India Economy Watch, India's government, Indian Government, Indonesia, inter-bank loans, International Bank for Reconstruction and Development, International Monetary Fund, Investing Lessons, Japan, John Normand;, Jpmorgan, Latin America, Lehman Brothers, Lehman Brothers fall;, London, Madrid, Manmohan Singh, Moody’s Investors Service, Mumbai, New York, New Zealand, Oecd, Oil Prices, oil products, Paul Krugman, Peru, president, Prime Minister, P’s, rio, Romania, rupee, Russia, senior analyst, South Africa, strongCarry On Trading;, Takahira Ogawa;, Thailand, Turkey, United States, Us Federal Reserve, USD, way forward

Is The Indian Economy Heading For Its Finest Hour?

Edward Hugh (May 18th, 2009) Writes:
by Edward Hugh: Barcelonabr /br /br /blockquote"For what it’s worth, a key conclusion from the IMF’s new World Economic Outlook is that recessions caused by financial crisis typically end with export booms, with the trade balance improving,on average, by more than 3 percent of GDP. I find this a disturbing result: we’re now suffering from a global financial crisis, which means that the usual driver of recovery will only be available if we can find another planet to export to."br /a href="http://krugman.blogs.nytimes.com/2009/04/27/japans-recovery-again/"Paul Krugman /abr /br //blockquoteblockquoteWith results still coming in, projections show the United Progressive Alliance is likely to win about 250 seats, making it a shoo-in to form the next government and provide continuity, a stable administration and progress on key economic and corporate reforms.br /a href="http://online.wsj.com/article/SB124247401653426893.html"Wall Street Journal/a, May 16 2009/blockquotebr /blockquotePrime Minister Manmohan Singh’s electoral victory, the biggest any Indian politician has scored in two decades, may ...
Tags for this Post:
/ppThe Commission;, A Global Powerhouse;, Abn Amro, ABN AMRO Bank, Alliance;, Asia, Bank, bank credit, bank lending, bank stress tests;, Ben Benanke;, bloomberg, Brazil, Canon PowerShot S400 / IXUS 400 Digital Camera;, central bank, Credit Guarantee Fund Trust;, Date, Duvvuri Subbarao, Economics, Edward Hugh, Electricity, electricity output, Exports, Federation of Indian Export Organisations.br /br;, Gaurav Kapur;, Gdp, Germany, Gopal K. Pillai;, http, India, India's Sixth Pay Commission;, Indian Government, International Monetary Fund, Japan, last week policy makers;, Lehman Brothers, Manmohan Singh, Market Commentary, New Delhi, non-bank flow;, Non-oil imports, Oil, Oil Imports, Oil Prices, passenger-car sales, Paul Krugman, ppIndia Infrastructure Finance Company;, Reserve Bank of India, Reuters, Rs, rupee, Samsung 400PX 40 in. HDTV-Ready LCD TV;, Singh government;, trade, United Progressive Alliance;, United States, USD, Wall Street Journal

In a Surprise Move, India Lowers Key Interest Rate for the First Time in Four Years

William Patalon (October 21st, 2008) Writes:
India’s central bank yesterday (Monday) unexpectedly lowered its base lending rate for the first time since 2004 – a move that signals that India Reserve Bank Governor Duvvuri Subbarao sees weaker growth and the credit crisis as bigger threats than inflation in Asia’s third-largest economy. The Reserve Bank of India cut its overnight lending rate from 9% to 8%, according to a government statement issued in Mumbai yesterday. The “surprise move” that came days before a regularly scheduled meeting of its policy board came after India’s central bank reduced the cash reserve ratio by 2.5 percentage points to 6.5% – retroactive to Oct. 11, Bloomberg News and MarketWatch.com both reported. The so-called “repurchase rate” is the discount rate at which India’s central bank lends money to commercial banks to infuse liquidity into the market. India’s rupee ...

India’s Ship IS Battered By The Global Storm, But She Will Survive!

Edward Hugh (October 7th, 2008) Writes:
by Edward Hugh: Barcelona India is in the middle of a storm at the moment, there can be no doubt about that. But the important point to note is that this storm is not of India's making. The financial turmoil in a number of key developed economies, and above all the United States, is sending shock waves across the global economy, and as is normal, when the earth trembles, it is the most fragile who notice it most. India's economy may be fragile in the sense that it is very vulnerable to what is colloqially known as global risk sentiment, but it is not fragile in terms of being susceptible to having its growth trajectory knocked completely off course. India may be shaken, but her economy will not be broken. Emerging Market Bonds Emerging-market bonds had their worst week in four years this week as the deepening credit crisis raised global recession concerns ...
Tags for this Post:
ABN AMRO Bank, Argentina, Australia, Austria, Bank, bank accounts, bank bailout, bank statement, Barcelona, Bombay Stock Exchange, Brazil, BSE 200, central bank, Central Statistical Organisation, China, China Federation of Logistics and Purchasing, Claus Vistesen, CRB, crude oil, crude oil costs, Crude Oil Prices, Czech Republic, Denmark, Duvvuri Subbarao, Economics, Edward Hugh, energy, energy needs, France, German government, Germany, Greece, Hungary, India, India, International Bank for Reconstruction and Development, Ireland, israel, Italy, Japan, Jefferies, JP-Morgan, Jpmorgan Chase, London, Ministry of Commerce and Industry, MSCI Emerging Markets, Mumbai, national statistics agency, National Stock Exchange, New Delhi, New Zealand, Non-oil imports, Oil, Oil Imports, Poland, Reliance Industries Ltd., Reserve Bank of India, Rio De Janeiro, rupee, Russia, S&P CNX Nifty, Singapore, South Africa, Spain, sufficient energy, Switzerland, systemic bank problems, The Netherlands, Turkey, U.S. Treasuries, United Kingdom, United States, USD, VTB Bank Europe

India’s Ship IS Battered By The Global Storm, But She Will Survive!

Edward Hugh (October 5th, 2008) Writes:
by Edward Hugh: BarcelonaIndia is in the middle of a storm at the moment, there can be no doubt about that. But the important point to note is that this storm is not of India's making. The financial turmoil in a number of key developed economies, and above all the United States, is sending shock waves across the global economy, and as is normal, when the earth trembles, it is the most fragile who notice it most. India's economy may be fragile in the sense that it is very vulnerable to what is colloqially known as global risk sentiment, but it is not fragile in terms of being susceptible to having its growth trajectory knocked completely off course. India may be shaken, but her economy will not be broken.Emerging Market BondsEmerging-market bonds had their worst week in four years this week as the deepening ...
Tags for this Post:
Argentina, Australia, Austria, Bank, bank bailout, bank statement, Barcelona, Bombay Stock Exchange, Brazil, BSE 200, central bank, China, China Federation of Logistics and Purchasing, Claus Vistesen, CRB, crude oil, crude oil costs, Crude Oil Prices, Czech Republic, Denmark, Duvvuri Subbarao, Economics, Edward Hugh, energy, energy needs, farm products, Food Items, France, Germany, Greece, Hungary, India, India, International Bank for Reconstruction and Development, Ireland, israel, Italy, Japan, Jefferies, JP-Morgan, Jpmorgan Chase, London, Ministry of Commerce and Industry, MSCI Emerging Markets, Mumbai, national statistics agency, National Stock Exchange, New Delhi, New Zealand, Non-oil imports, Oil, Oil Imports, Oil Prices, Poland, Reliance Industries Ltd., Reserve Bank of India, Rio De Janeiro, rupee, Russia, S&P CNX Nifty, Singapore, South Africa, Spain, Switzerland, The Netherlands, Turkey, U.S. Treasuries, United Kingdom, United States, USD, VTB Bank Europe

Is India Riding Out The Storm?

Edward Hugh (September 9th, 2008) Writes:
by Edward Hugh: Barcelona India's growth rate fell back in the second calendar quarter of 2008 (and the first quarter of the 2008/09 financial year), expanding at the slowest rate recorded in three years, as the Reserve Bank of India struggles to control record high inflation by applying tight credit conditions. Annual growth slowed to 7.9 per cent in the quarter of 2008 which ended on June 30, significantly lower than the 8.8 per cent rate reported for the January to March quarter. Growth momentum has obviously been slowing on tighter monetary policy and the adverse global environment. Higher interest rates, slower bank credit growth and higher oil and commodity prices are evidently now having a marked effect on activity levels in the Indian economy. However, in spite of the slowdown, the growth rate of Asia’s third largest economy remains strong, and there are very positive signs ...
Tags for this Post:
All India Rice Exporters Association, Asia, Bank, Banking, Barcelona, central bank, Chicago Board Of Trade, China, Crude Oil Imports, Crude Oil Prices, Duvvuri Subbarao, Economics, edible oil, Edward Hugh, energy, Energy Prices, Europe, finance ministry, Food Prices, food rises, food shortages, Gross Domestic Product, High Energy, higher oil, India, India, India Meteorological Department, Indian Council of Agricultural Research, International Monetary Fund, Japan, Kotak Institutional Equities, main concern, Mangala Rai, Mumbai, New Delhi, Non-oil imports, Oil, oil factor, oil importers, Oil Imports, Oil Prices, Real Estate, Reserve Bank of India, steel prices, Thailand, U.S. Energy Information Administration, United States, Us Government, USD, Vietnam, Vijay Setia, winter food grain, Yaga Venugopal Reddy

India’s Inflation Holds Steady, Exports and the Trade Deficit Rise, While The Rupee and FX Reserves Fall

Edward Hugh (September 6th, 2008) Writes:
India's inflation remained well above the central bank's comfort level for the sixth straight month towards the end of August, increasing the likelihood that incoming Governor Duvvuri Subbarao will continue to raise interest rates. Wholesale prices were up by an annual 12.34 percent in the week ended August 23, according to the latest data from the Indian commerce ministry said in New Delhi. That compared with a 12.4 percent gain in the previous week.Subbarao, whose three-year term at the Reserve Bank of India starts this weekend is under some pressure to show that he is independent and no less concerned about inflation than his predecessor, and is quoted as saying that the "obvious" answer to surging prices is tighter monetary policy. Outgoing Governor Yaga Venugopal Reddy increased the central bank's benchmark rate three times between June and the end of August, ...

Newsletter

No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.