Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (4000)	5/30/2001 6:25:44 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

Hi Jay - give me your bearings on the following >>3. The US balance of payments. The U.S. attracts investment. << not any more from Taiwan though, if I understand you correctly. Re Taiwan (or SKorea, probably much the same) book-to-bill ratio...fell further to 0.42 in April, from 0.59 in March and the peak of 1.46 in March 2000 ... The April figure constitutes a 10-year low. Not arguing about who's the dog and what's the tail - except that purchase orders and deliveries somehow belong together. Looks like real, at-the-source contraction to me, whatever its place in the food chain is. Thanks for your opinion. dj

To: TobagoJack who wrote (4000)	5/30/2001 1:25:09 PM
From: Ilaine	Read Replies (1) \| Respond to of 74559

South China Morning Post fronting a story that Bush is calling for renewed normal trade relations with China: >>Bush wants to renew China trade status REUTERS in Los Angeles Updated at 8.41am: President George W. Bush said on Wednesday (HK time) he would ask Congress this week to renew normal trade relations with China, as he seeks to jump-start a stalled trade agenda in the face of a Democratic takeover of the Senate. In a speech to the World Affairs Council of Los Angeles, Mr Bush made clear he wanted free trade with China despite strained relations with Beijing triggered by the communist-ruled nation's holding of the 24-member crew of a US surveillance plane in April. ''Open trade is a force for freedom in China, a force for stability in Asia, and a force for prosperity in the United States,'' Mr Bush said. ''And this is not just my personal view. ''The institutions and individuals in China who are the least friendly to freedom are often the least friendly to trade - the institutions and individuals most sympathetic to freedom are often the most friendly to trade,'' he said. Mr Bush also made a case for his broader trade agenda. ''The United States has been hamstrung at the world's negotiating tables for too long,'' he said. He urged Congress to give him expedited trade negotiating authority, which lapsed in 1994, and to approve trade agreements with Jordan and Vietnam. ''The growth of the world economy depends on world trade. The growth of world trade depends on American leadership. America will lead, toward freer trade and toward wider and more lasting prosperity for ourselves and the world,'' Mr Bush said. A congressional aide said Mr Bush was expected to submit the Vietnamese trade deal to Congress early in June. Mr Bush said he would ask Congress on Friday to renew China's normal trade relations for another year. Last year, the US Congress approved granting China ''permanent normal trade relations'' status - putting it on a par with most US trading partners - but the deal hinged on Beijing's entry into the World Trade Organisation. Entry talks have dragged on and China is not expected to enter until early next year, so Mr Bush must now seek a one-year extension of China's trade benefits. But winning renewal became more difficult with Vermont Senator James Jeffords' decision last week to quit the Republican Party to become an independent, enabling the Democratic Party to take control of the Senate by a margin of 50 Democrats to 49 Republicans and one independent. Many Democrats and their labour and environmentalist supporters are more wary of trade deals than Republicans. They have insisted on strong labour and environmental provisions in any trade agreement as a condition for support. White House spokesman Ari Fleischer said the China trade relations debate would be ''an interesting test for the Senate to see if it is bipartisan''. Aside from trade issues, relations with China have also been strained by the dispute over a US spy plane forced to make an emergency landing in China, Mr Bush's meeting last week with the Dalai Lama, Tibet's exiled spiritual leader, and China's detention of US-linked academics.<< china.scmp.com

To: TobagoJack who wrote (4000)	5/30/2001 1:36:45 PM
From: Ilaine	Respond to of 74559

10% unemployment in Beijing. columns.scmp.com

To: TobagoJack who wrote (4000)	5/30/2001 7:49:21 PM
From: westpacific	Read Replies (2) \| Respond to of 74559

Thanks Jay, now lets all start digging and thinking. Longs are getting creamed again. SUCKERS. West

To: TobagoJack who wrote (4000)	5/31/2001 1:10:56 AM
From: pezz	Read Replies (1) \| Respond to of 74559

<What does Pezz see? <<my "gut" feeling is usually wrong! … Soooo I have taken the contrary theory to it's most sophisticated level ... I'm contrary to myself ... Of course I must be careful here. I must be sure that I'm not being contrary to being contrary.... When I start to get a headache I know that I've gone to far> The above is in reference to the technical aspect of stock prices . As to the fundies of the economy I see no reason to believe that this recession is any different than any other post war recession. Not any reason for an economic collapse. <<Bond yield curve seem to say “expect inflation”, >> I beg to differ. Bond yield curve say "expect recovery" Strong dollar , productivity and slow economy say "expect no inflation"...The dollars demise has been predicted on this thread often but... << We do not understand why such an outrage needs to be further helped by lowering FED rate, and why the lowering of FED will help, at all>> It has helped in the past has it not? <....OIL does scare me though> <<This we do not understand, as the gasoline prices in the US is the lowest in the world, and lower than in Hong Kong, even after a doubling.>> Inflation is measured as domestic price increases relative to past domestic prices.Energy is a cost component in everything. If it gets outa hand it could do more to increase inflation than anything AG will do....It is the wild card that scares me. BTW I continue to refuse to repent.