Showing posts with label Economic Calendar 2011. Show all posts
Showing posts with label Economic Calendar 2011. Show all posts

Thursday, 17 November 2011

Lessons for Life and Investing with Author, Investor Jim Rogers 2/3



by on Nov 15, 2011
On the Monday, November 14 edition of Infowars Nightly News, Alex talks with investor, author, and financial commentator Jim Rogers.
http://www.jimrogers.com/
http://www.prisonplanet.tv/
http://www.infowars.com/



One of the opening thoughts he share’s is to take our own plunge into the world or living: It is important to decide for yourself what’s important to you and what you want before you turn to others. “Swim your own races: Do not Let Others Do Your Thinking for you”, he says. His skepticism to depend on others is reflected throughout the writings.  For a self-made man, I think it is an apt attitude.  He goes on to tell the importance of being a self-starter. He  picked empty soda bottles from the streets and made money from it at the age of six.
The fundamental style by which this investor operates is by cutting across social barriers, political barriers and geographical barriers. He believes in going where his money works best. Unlike his countrymen who are poor travellers, Jim loves to go across the world all on his own; he enjoys seeing the cultural and moral life of others.
Where should a person start in order to be successful? The answer is easy: Try as many things as you can, then pursue the one (or two or three) about which you’re passionate. People who follow their passions do not “go to work.”


On book learning: Jim is a bit allergic to sterile academic learning. He speaks about the importance of learning through observing life and attitudes of people and society. No amount of book learning can bring in the information one gets from this kind of field experience. He writes: Let the world be a part of your perspective. He quotes Rudyard Kipling’ “The English Flag”:
Winds of the World, give answer! They are whimpering to and fro —       
And what should they know of England who only England know?
Again, He says,
“People who can observe events as they unfold will certainly acquire wealth. After touring the world from 1990 to 1992, I wrote my first book , Investment Biker. Recently a reporter remarked to me how many of the predictions I made in that book had come true, such as the rise of nationalism and militant Islam, “How was I able to foresee the future?”  he wanted to know.  I simply did what an experienced investor did: I read the news”.


All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Friday, 9 September 2011

President Obama Address To Joint Session Of Congress pt.1



by on Sep 8, 2011
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September 08, 2011 MSNBC

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All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Wednesday, 13 July 2011

Economic Releases for the week of Monday, July 11th, 2011:

Economic Releases for the week of Monday, July 11th, 2011:

Jul 12 - Trade Balance
Jul 13 - MBA Mortgage Index
Jul 13 - Treasury Budget
Jul 14 - Core PPI
Jul 14 - Business Inventories
Jul 15 - Michigan Sentiment
Jul 13 - Export and Import Prices
Jul 14 - Retail Sales
Jul 15 - CPI

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Monday, 4 July 2011

Coming Week Market Movers....


Coming Week Market Movers: Packed Calendar, Sovereign Debt Jitters, How to Play Them

NB: For analysis of prior week’s key market drivers and their lessons for the current week see here.
COMING WEEK MARKET MOVERS
Sovereign Debt Concerns Could Still Dominate Markets
Greece
Potential complications over the coming weeks include:
While Greece is due to receive further bailout funds again in September, in theory if it hasn’t progressed in implementing its Medium-Term Fiscal Strategy and privatizations program then the Troika ( EU/ IMF/ECB) could threaten to withhold funds once again.
Beyond September, Greece still needs to negotiate a second bailout of about €120 billion.
Even if the ratings agencies somehow accept that the the proposed extension of Greek bond maturities is actually voluntary and thus not a restructure (aka default), EU officials still need to find more private investors who are willing to voluntarily extend the maturity of their Greek debt holdings. So far French and German banks have pledged to do this, though German banks are only willing to extend €3 bln of their holdings, out of the €30 bln target.
Greece may have to pay higher rates of interest on the new, rolled over bonds to entice more investors to follow suit, currently it stands at 5.5 per cent, far below Greece’s 10-year yield, which is currently trading at 16.3%.
Of course the past weeks have shown this threat to be empty unless somehow a bank bailout plan is already in place that could maintain confidence in European and global banking stability.
Ireland And Portugal And Spain, Oh My!
Of course, regardless of how rating agencies respond, any perceived breaks to Greece will be demanded by Portugal and Ireland, each of which present at least the same contagion risk . For example, Spain is more exposed to Portugal than Greece, and the EU cannot afford to bail out Spain with its current reserves for bailouts.
If the fiscal consolidation plans of any of these disappoint, their borrowing costs could rise beyond their means, forcing them to seek aid. Spain continues to uncover new hidden local debt which at some point could re-ignite serious concern about this too-big-to-bail-or-fail debt beast.
Ireland To ECB: You Can Take This Bank And Shove It
The ECB already has about €100 bln of Greek, Irish, and Portuguese debt alone on its books, before even considering other dubious bond holdings. It has about €10 bln total capital, making it another dead man walking.
The state of Irish banks has become so dire that author and advisor John Mauldin recently wrote that, in the near future, Ireland could well walk away from its own guarantees of €60 bln in ECB loans to Irish banks and just give the ECB the banks. This alone would render the ECB insolvent, even before considering what losses it could take from the other PIIGS bonds.
Italy Getting Sucked In
Until this past week Italy had escaped concern about its own debt, however Italian bank exposure to Greece has raised alarms and brought threats of credit downgrades. Ongoing trouble in the other PIIGS nations risks further sucking Italy into the debt crisis vortex. The Italian economy is larger than Spain’s, and presents a similarly fatal threat to the EZ’s survival.
Don’t Forget US, Other Exposure To The EU
As noted in prior weeks, US institutions have roughly equal exposure to the PIIGS as do banks of France and Germany via CDS writing and money market paper. China has said it will be increasing its EZ exposure.
Ongoing Global Slowdown Theme
While concerns certainly have eased for the moment regarding the EU,global economic data continues to point to slowing growth, at best, in every major economy. The past week showed slowing manufacturing in every major economy besides the US, which surprised a bit to the upside.


All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Sunday, 19 June 2011

The Week Ahead - Jun 20



















13 & 26-week bill auction

Fed QE: $4-5 bln (Aug 2018-May 2021)

Fed QE: $4-5 bln (Dec 2013-May 2015)
8:30 am: Retail Sales - Apr.

8:30 am: Leading Indicators - May
8:55 am: Redbook - June 18 wk

10:00 am: Existing Home Sales - May

FOMC Meeting Begins

Fed QE: $4-5 bln (Dec 2016-May 2018)
10:00 am: FHFA House Price Index - Apr.

12:30 pm: FOMC Announcement

2:15 pm: Quarterly FOMC Press Briefing
8:30 am: Initial Claims - June 18 wk

10:00 am: New Home Sales - May

2, 5 & 7-year note auction announcement

30-year TIPS auction (reopening) announcement

Fed QE: $1-1.5 bln (Aug 2021-Nov 2027)
8:30 am: Real GDP - Q1 F

8:30 am: Corporate Profits - Q1 R

8:30 am: Durable Goods Orders - May

Fed QE: $4-5 bln (Dec 2013-May 2015)



All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.