How we will develop from here to end 2009. Following the 08 major driving the market next 12 months
Message 24856732
1) The bottom was March 09
2) 100 days of Obama shows already direction to the future
3) Trade Finance squeeze out of the way and the effects start feeling in the world economy
4)Wasteful money is freed as waste comes to halt:
$263 billion worth of projects in the UAE have been put on hold, with three projects (Jumeirah Gardens City, Mohamed Bin Rashid Gardens and Nikhil Harbour and Tower) accounting for around 72 per cent of that total, the report said quoting Zawya.
business24-7.ae
5) Stockpiles empty it is time to replenish: Vale the world’s biggest iron-ore producer, may boost shipments of the raw material after the second quarter as stockpiles fall and demand from Chinese builders increases, Goldman Sachs Group Inc. said.
bloomberg.com
6) Oil will see no price jump 2009, But increased crude demands will eat into inventories. Collapsing demand has left crude inventories in the world’s most developed nations, the Organization for Economic Cooperation and Development, at their highest since 1993, the IEA said. Stockpiles were equivalent to 61.6 days of consumption as of February. In December, OPEC ministers had expressed concern that a level of about 57 days was too high.
7) Japan years of capital misalocation start showing: Japan’s biggest banks may struggle to weather the deepening recession.
“It is now reality-check time for those who thought the Japanese banking system had weathered the storm and was going to be a bastion of strength in the global banking system,”
8) By June second half of 09 will be pulling OECD countries out of recession. Benefitting from cheap, oil, cheap raw materials, cheap food, cheap shipping charges. Paving the way for a more amene 2010 as those countries exports start getting into positive territory
9) By June such statements such as this will be seen a foolish: "Wells Fargo & Co. pulled the nation out of the Great Recession?"
10) Motorola, Nortel will be history by years' end.
11) Deflation in Europe will be rampant. “For the euro zone, it can’t be ruled out that in 2009 months of negative price rises will occur,” Wellink said in the lecture. “As long as consumers and producers don’t continuously postpone their expenditures as a result of this, this is not a problem.” |
