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Nenu Side Hero Username: Nenu Post Number: 2018 Registered: 08-2013 Posted From: 116.203.74.214 Rating: N/A |
The macro-economic date shows Industrial Output reaching its lowest point in 4 years, with the Index for Industrial Production (IIP) contracting by -3.2% in November and Nikkei's Manufacturing Purchasing Managers' Index (PMI) also falling to a 28-month low in December. Capital Goods also contracted sharply in December by -24.4%. And for the last six months the FII outflow from capital markets has been the worst since the Global Financial Meltdown of 2008. I am God; God is great | ||
Nice Hero Username: Nice Post Number: 12335 Registered: 05-2009 Posted From: 115.112.100.10 Rating: N/A |
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Nenu Side Hero Username: Nenu Post Number: 2005 Registered: 08-2013 Posted From: 116.203.73.249 Rating: N/A |
aaa taruvatha alavataipodhaaA?? I am God; God is great | ||
Tilak Legend Username: Tilak Post Number: 36354 Registered: 02-2012 Posted From: 116.51.10.61 Rating: N/A |
All bcoz of Modi le .. dont worry .. koddiga orchukunte .. inko 40 months lo taggipotundi .. Narendra Modi, Pradhan Mantri, Bharata Ganarajya - www.pmindia.nic.in - www.narendramodi.in | ||
Nenu Side Hero Username: Nenu Post Number: 2004 Registered: 08-2013 Posted From: 116.203.79.123 Rating: N/A |
Sounds gloomy yet? I can see a whole lot of similarities between now and US depression of 1929...credit bubble then, credit bubble now. I am God; God is great | ||
Nenu Side Hero Username: Nenu Post Number: 2003 Registered: 08-2013 Posted From: 116.203.79.123 Rating: N/A |
RBS economists have urged investors to sell everything except high-quality bonds, warning of a “fairly cataclysmic year ahead.” Writing in a client note dated Jan. 8, the bank’s European rates research team said that clients should be concentrating on return of capital, not return on capital, and that an ominous outlook to the world economy “all looks similar to 2008.” The Key Points The note is particularly bearish on China and global commodities, and predicts that oil could fall as low as $16 a barrel. In a grim set of predictions, Andrew Roberts, head of European economics, rates & CEEMEA research said that the world has far too much debt to be able to grow well. He also warned that advances in technology and automation are set to wipe out up to half of all jobs in the developed world. The note says equities could fall 10% to 20%. It predicts the year will be spent focusing on how to exit positions that have benefited from long-running QE, including emerging markets, credit and equities. “The world is slowing, trade is slowing, credit is slowing, we are in a currency war, global disinflation is turning to global deflation as China finally realizes what it needs to do (devalue soon, and sharp) and the U.S. then, against ALL THIS countervailing pressure, then stokes the fire by hiking rates,” Mr. Roberts wrote. While the Fed’s interest rate move last year suggests a positive outlook for the U.S., the ECB’s quantitative easing is having a powerful effect, and eurozone activity picked up at the end of last year, there are undeniable headwinds, not least from China, oil and commodities. Mr. Roberts has been bearish on the global macro outlook since late November, and has since then has written in client notes of the similarities between now and the run-up to the financial crisis. Although RBS’s note is particularly gloomy, it’s not the first bank to kick off the year with a series of bearish predictions on the world economy: JP Morgan on Tuesday became the third bank to push back its forecast for the timing of a Bank of England rate rise, joining Goldman Sachs and Bank of America Merrill Lynch. Morgan Stanley wrote in a note on Monday that oil prices could fall a further 10% to 25% if the dollar continues to strengthen. Other major banks including Bank of America Merrill Lynch, Barclays, Deutsche Bank, Societe Generale and Macquarie have also cut their oil forecasts in the past week. Standard Chartered in fact said it could fall as low as $10 a barrel, but that’s not its main price scenario. Ratings agency Standard & Poor’s has more companies on a negative outlook than at any time since the financial crisis. A survey published by M&G and YouGov on Tuesday, based on data collected in the final quarter of 2015, shows that U.K. consumer inflation expectations are at their lowest level in three years. I am God; God is great | ||
Nenu Side Hero Username: Nenu Post Number: 2002 Registered: 08-2013 Posted From: 116.203.79.123 Rating: N/A |
http://blogs.wsj.com/moneybeat/2016/01/12/rbs-warns-sell-eve rything/ I am God; God is great |