Midagi ka ajaloo kroonikatesse. Eesti aja järgi täna varahommikul kell 07.34.04 maksis maailmaturul $1 vähem kui 10 Eesti krooni. Mõned sekundid hiljem, tänahommikuses tipus, sai ühe euro eest juba $1.56520, mis võrdsustas ühe dollari 9.9965 Eesti krooniga.
Kogu aeg on vaikselt siit-sealt kuulda olnud, et hoolimata kõigest on USD fundamentaalselt liiga kallis. Kas keegi oskab öelda, mis tasemetel on USD hind selline, et teda võib pidada juba odavaks?
Siis kui metallist USA müntide väärtus on 20% allpool neis sisalduva metalli turuväärtusest?
Praegu kehtib vanade ühesendiste ning viiesendiste puhul ;-)
http://www.coinflation.com/
Suuremate müntide puhul on langusruumi veel küllaga.
http://www.coinflation.com/
Suuremate müntide puhul on langusruumi veel küllaga.
Ma pole kyll pikka aega enam millegi targaga tegelenud, aga Bangkokis yhes ylikoolis p6rkasin kogemata kokku singapurist p2rit vanamehega kes v2itisi, et t88tab US valitsuse heaks (Bangkokis oli selleks et paar loengut anda) ja enda arust oli teel Hiinasse, et l2bi viia l2bir22kimisi kus veenaks hiinat hindama US dollarit, viimati olid selline l2bir22kimine l2bi kukkunud ja hiina keeldus toetamast.
Lisas veel et 2rge aktsiaid ostke :D
Vanamees oli parajalt segane, niiet kahtlen tulemustes :)
Lisas veel et 2rge aktsiaid ostke :D
Vanamees oli parajalt segane, niiet kahtlen tulemustes :)
Just avaldati tarbijahinnaindeksi muutused veebruarikuu jaoks ja pilt näeb välja selline ehk oodatust parem:
February Core CPI m/m unchanged vs +0.2% consensus
February Core CPI y/y +2.3% vs +2.4% consensus
February CPI y/y +4.0% vs +4.3% consensus
February CPI m/m unchanged vs +0.3% consensus
February Core CPI m/m unchanged vs +0.2% consensus
February Core CPI y/y +2.3% vs +2.4% consensus
February CPI y/y +4.0% vs +4.3% consensus
February CPI m/m unchanged vs +0.3% consensus
Turg hüppas makro peale päris tugevalt, natuke vähemalt põhjust rõõmustada.
Tegemist ülipositiivsete numbritega. Kui infla on nõrk siis tähendab see seda et FED saab rahulikult intresse langetada --> stockkidele positiivne. FEDi istung teisipäeval. Veel eile oli intresside langetamise tõenäosus 75bps sisse kaubeldud ja 100 bps tõenäosus üpris oluline.
USA turud on leebe inflatsioonistatistika taustal hetkel päeva alustamas tervelt 1.3% kõrgemalt.
Saksamaa DAX +1.15%
Prantsusmaa CAC 40 +1.24%
Inglismaa FTSE 100 +1.00%
Hispaania IBEX +1.25%
Venemaa MICEX +2.13%
Poola WIG +0.57%
Aasia turud:
Jaapani Nikkei 225 -1.54%
Hong Kongi Hang Seng -0.29%
Hiina Shanghai A (kodumaine) -0.21%
Hiina Shanghai B (välismaine) -0.68%
Lõuna-Korea Kosdaq -0.66%
Tai Set +0.48%
India Sensex +2.63%
JPM tõttab appi Bear Stearnsile. Vot see on juba midagi.
BSC Bear Stearns: JPMorgan Chase and Federal Reserve Bank of New York to provide financing to Bear Stearns (57.00 ) -Update-
JPMorgan Chase (JPM) announces that, in conjunction with the Federal Reserve Bank of New York, it has agreed to provide secured funding to BSC, as necessary, for an initial period of up to 28 days. Through its Discount Window, the Fed will provide non-recourse, back-to-back financing to JPM. Accordingly, JPM does not believe this transaction exposes its shareholders to any material risk. JPM is working closely with Bear Stearns on securing permanent financing or other alternatives for the co.
BSC Bear Stearns: JPMorgan Chase and Federal Reserve Bank of New York to provide financing to Bear Stearns (57.00 ) -Update-
JPMorgan Chase (JPM) announces that, in conjunction with the Federal Reserve Bank of New York, it has agreed to provide secured funding to BSC, as necessary, for an initial period of up to 28 days. Through its Discount Window, the Fed will provide non-recourse, back-to-back financing to JPM. Accordingly, JPM does not believe this transaction exposes its shareholders to any material risk. JPM is working closely with Bear Stearns on securing permanent financing or other alternatives for the co.
JPM siis juba nagu Chuck- mitte ei laena discount windowst vaid annab laenu läbi discount window:-)
We Have Some Support
By Rev Shark
RealMoney.com Contributor
3/14/2008 9:20 AM EDT
Pessimism does win us some great moments.
-- Max Beerbohm
Every morning as I read the newspapers over my morning cup of coffee, I'm struck by the doom and gloom. Every day there are stories about real estate foreclosures and the problems in the confusing world of debt and now recession and the weak dollar are jumping into the headlines.
There just seems to be no end in sight to the problems; to make matters worse, according to a Wall Street Journal survey, there is still a fairly large faction of economists who don't think we are in or will have a recession, although the ranks are growing.
This combination of not really knowing the full extent of the problems and the fact that many traders hope that things really aren't that bad is what is making it so difficult for this market to find a bottom. Bad news just keeps on adding pressure because it is not fully discounted yet.
There have been some signs that the market is reaching an extreme in gloominess lately, especially in the sentiment polls, which show that market players are getting worn out by this dreary action. That has helped support several big bounces lately on sparks of good news and has us running again this morning on a friendly CPI.
The big danger is that we will be lulled into thinking the worst is over as we enjoy the strong spikes on small pieces of good news. While we should look to play them, we need to make sure we maintain our skepticism and are not sucked into thinking that the worst is over just because we are enjoying a bounce within a major downtrend.
The CPI number is helping the bullish cause this morning. The soft numbers are feeding the belief that the Fed is now free to cut interest rates as aggressively as it wants because inflation is not an issue. That is a pretty simplistic belief and ignores a host of other issues, such as the weak dollar and the fact that maybe the economy really is fading fast.
In any event, we have conditions in place for a rally to continue probably until next Tuesday when the Fed makes its interest rate decision. I suspect things will stay very choppy, and there is always the chances of some bad news, but for now the technical conditions and news flow are supporting the bulls.
----------------------------
Ülespoole avanevad:
In reaction to strong earnings/guidance: SCA +104.5%, ZUMZ +13.5%, ARCI +9.6%, COGO +8.7%, LSCC +6.0%, RSO +5.8%, INTX +3.9%, WSCI +3.0%, ZIPR +1.9%, ADS +1.0% (discloses it will dispose of certain operations)... Other news: VM +15.4% (rebounding after this week's ~35%+ decline), TTHI +14.8% (Eli Lilly and Transition therapeutics announce licensing and collaboration agreement), TMA +10.6 (still checking), SHPGY +5.0% (Shire Shares Jump on Speculation Pfizer Will Make Bid - Bloomberg.com), EXEL +3.8% (to develop Exelixis compound exercised by Genentech), BHP +1.6% (stock showed strength in Europe), DOW +1.4% (Cramer makes positive comments on MadMoney), YHOO +1.1% (Microsoft pitches merger vision to Yahoo at meeting - WSJ)... Analyst upgrades: EK +2.5% (upgraded to Hold at Citigroup).
Allapoole avanevad:
In reaction to weak earnings/guidance: IFON -44.0%, POWR -12.7%, PANL -8.9%, QADI -7.8%, HALO -7.0%, ANN -5.6%, DIOD -4.8%, CX -4.3%, WAVX -3.3%, CHDN -2.6%, PSUN -2.0%, DNA -1.8%, SRSL -1.4%, ARO -1.2%... Select Asian stocks trading lower with weakness in Chinese & Japanese markets: PKX -6.2%, SNP -5.3% (denies report of projected Q1, Q2 losses - Xinhuanet.com), ACH -4.9%, HNP -4.3%, CHA -4.0%, CEO -3.2%, SNE -2.8%, LFC -2.4%, CHL -1.0%... Other news: NCT -9.2% (decreases common stock dividend to increase retained earnings and declares its preferred stock dividends ), LUX -4.0% (weakness after reporting earnings yesterday before the close), NCC -3.3% (credit rating downgraded to A3 from A2 at Moody's due to the bank's second-lien home equity and real estate exposure), NITE -2.9% (releases Feb 2008 volume statistics; average daily dollar value traded in Feb 2008 was $15.39 bln), NMX -2.1% (reports Feb 2008 volume averaged record 1.846 mln contracts per day, electronic volume increases 30% and trading volume increases 99%)... Analyst downgrades: ITU -3.9% (downgraded to Sell at tier 1 firm), GDP -3.0% (downgraded to Neutral at SunTrust), AEA -2.2% (downgraded to Equal Weight at Stephens), TICC -2.0% (downgraded to Market Perform at Friedman Billings).
By Rev Shark
RealMoney.com Contributor
3/14/2008 9:20 AM EDT
Pessimism does win us some great moments.
-- Max Beerbohm
Every morning as I read the newspapers over my morning cup of coffee, I'm struck by the doom and gloom. Every day there are stories about real estate foreclosures and the problems in the confusing world of debt and now recession and the weak dollar are jumping into the headlines.
There just seems to be no end in sight to the problems; to make matters worse, according to a Wall Street Journal survey, there is still a fairly large faction of economists who don't think we are in or will have a recession, although the ranks are growing.
This combination of not really knowing the full extent of the problems and the fact that many traders hope that things really aren't that bad is what is making it so difficult for this market to find a bottom. Bad news just keeps on adding pressure because it is not fully discounted yet.
There have been some signs that the market is reaching an extreme in gloominess lately, especially in the sentiment polls, which show that market players are getting worn out by this dreary action. That has helped support several big bounces lately on sparks of good news and has us running again this morning on a friendly CPI.
The big danger is that we will be lulled into thinking the worst is over as we enjoy the strong spikes on small pieces of good news. While we should look to play them, we need to make sure we maintain our skepticism and are not sucked into thinking that the worst is over just because we are enjoying a bounce within a major downtrend.
The CPI number is helping the bullish cause this morning. The soft numbers are feeding the belief that the Fed is now free to cut interest rates as aggressively as it wants because inflation is not an issue. That is a pretty simplistic belief and ignores a host of other issues, such as the weak dollar and the fact that maybe the economy really is fading fast.
In any event, we have conditions in place for a rally to continue probably until next Tuesday when the Fed makes its interest rate decision. I suspect things will stay very choppy, and there is always the chances of some bad news, but for now the technical conditions and news flow are supporting the bulls.
----------------------------
Ülespoole avanevad:
In reaction to strong earnings/guidance: SCA +104.5%, ZUMZ +13.5%, ARCI +9.6%, COGO +8.7%, LSCC +6.0%, RSO +5.8%, INTX +3.9%, WSCI +3.0%, ZIPR +1.9%, ADS +1.0% (discloses it will dispose of certain operations)... Other news: VM +15.4% (rebounding after this week's ~35%+ decline), TTHI +14.8% (Eli Lilly and Transition therapeutics announce licensing and collaboration agreement), TMA +10.6 (still checking), SHPGY +5.0% (Shire Shares Jump on Speculation Pfizer Will Make Bid - Bloomberg.com), EXEL +3.8% (to develop Exelixis compound exercised by Genentech), BHP +1.6% (stock showed strength in Europe), DOW +1.4% (Cramer makes positive comments on MadMoney), YHOO +1.1% (Microsoft pitches merger vision to Yahoo at meeting - WSJ)... Analyst upgrades: EK +2.5% (upgraded to Hold at Citigroup).
Allapoole avanevad:
In reaction to weak earnings/guidance: IFON -44.0%, POWR -12.7%, PANL -8.9%, QADI -7.8%, HALO -7.0%, ANN -5.6%, DIOD -4.8%, CX -4.3%, WAVX -3.3%, CHDN -2.6%, PSUN -2.0%, DNA -1.8%, SRSL -1.4%, ARO -1.2%... Select Asian stocks trading lower with weakness in Chinese & Japanese markets: PKX -6.2%, SNP -5.3% (denies report of projected Q1, Q2 losses - Xinhuanet.com), ACH -4.9%, HNP -4.3%, CHA -4.0%, CEO -3.2%, SNE -2.8%, LFC -2.4%, CHL -1.0%... Other news: NCT -9.2% (decreases common stock dividend to increase retained earnings and declares its preferred stock dividends ), LUX -4.0% (weakness after reporting earnings yesterday before the close), NCC -3.3% (credit rating downgraded to A3 from A2 at Moody's due to the bank's second-lien home equity and real estate exposure), NITE -2.9% (releases Feb 2008 volume statistics; average daily dollar value traded in Feb 2008 was $15.39 bln), NMX -2.1% (reports Feb 2008 volume averaged record 1.846 mln contracts per day, electronic volume increases 30% and trading volume increases 99%)... Analyst downgrades: ITU -3.9% (downgraded to Sell at tier 1 firm), GDP -3.0% (downgraded to Neutral at SunTrust), AEA -2.2% (downgraded to Equal Weight at Stephens), TICC -2.0% (downgraded to Market Perform at Friedman Billings).
Ja üks väike hommikune pilt siia finantssektorist eelturul mõned minutid pärast JPM-BSC uudist:
BSC omakorda kummardab Citigroup suunas
Citigroup: Bear Stearns believes Pandit's plan to sell "non-core" assets makes sense (21.07 ) -Update-
Bear Stearns is reiterating their Outperform on C following a discussion with CEO, Vikram Pandit, who outlined in broad terms the next steps that he will take in restructuring Citi.
Citigroup: Bear Stearns believes Pandit's plan to sell "non-core" assets makes sense (21.07 ) -Update-
Bear Stearns is reiterating their Outperform on C following a discussion with CEO, Vikram Pandit, who outlined in broad terms the next steps that he will take in restructuring Citi.
Närvilisus turul on kasvanud... algselt rõõmustatakse, et BSC saab oma likviidsusprobleemidele lahenduse. Seejärel jõuab kohale arusaam, et aga järelikult ongi ju BSC'l tõsised likviidsusprobleemid ja et see ei olnudki ainult kuulujutt ning aktsia +6% pealt -16% peale ning seejärel liiguvad ringi juba jutud, et järelikult on siis ka teisi finantsinstitutsioone, kel on likviidsushädad kohe-kohe välja löömas...
Nüüd võib juba uue pildid teha ;)
BSC -33%...
BSC-l oli institutsionaalne bankrun. (lisaks ka tavlised kliendid)
Bank run on IIVÕL!!!
Bank run on IIVÕL!!!
Ja uus pilt... 27 minutit pärast börsi avanemist:
Samas näitab JPMi action, et need institutsioonid kelle likviidsus pole veel likvideeritud võivad hetkeolukorda ära kasutada ja discountiga igasugu kama kokku osta. Ole ainult mees ja arva ära kellel on pappi ja kellel enam pole.