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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (48071)4/2/2009 12:03:07 AM
From: Maurice Winn5 Recommendations  Read Replies (2) | Respond to of 219433
 
BS, they are still living in an unworkable theory - rule by boss for the boss, not by the people for the people. Imagine trying to hide SARS or H5N1 in the USA. They gaoled the doctor who disclosed information. Duh!!

What will probably happen and has been happening is that people from North East Asia [and everywhere else] with supersonic brains [such as Sanjay Jha] will continue to migrate to the USA where they will gang up with other supersonically smart people with capital and lots of existing support systems including a vast roading, economic, legal, political and industrial system.

But, we live in Hope and Change. A Made in China Electro [TM] would make my day.

Mqurice

<Jha was born in India. He holds a Ph.D. in electronic and electrical engineering from the University of Strathclyde, Scotland. He received his bachelor of science degree in engineering from the University of Liverpool, England. > en.wikipedia.org



To: Cogito Ergo Sum who wrote (48071)4/2/2009 2:40:22 AM
From: elmatador  Read Replies (1) | Respond to of 219433
 
Brazil February Industrial Output Weak, But Worst May Be Over

industrial output in February was below expectations but the figures left many economists saying the only way now is up.

Brazil February Industrial Output Weak, But Worst May Be Over
By John Kolodziejski
Of DOW JONES NEWSWIRES
RIO DE JANEIRO (Dow Jones)--Brazil's industrial output in February was below expectations but the figures left many economists saying the only way now is up.

Industrial production rose 1.8% in February from January, the Brazilian Census Bureau, or IBGE, said Wednesday, a figure below the 2.2% median rise forecast by 10 analysts consulted by Dow Jones Newswires. Worse still was the 17% decline in production from a year earlier, which was steeper than the 14% falloff predicted by the analysts.

But the data may also show the worst of the crisis for the sector may be over, said Jankiel Santos, an economist at Sao Paulo's BES Investimento fund. Santos pointed to February being the second month in a row of output growth as well as output rises spreading into intermediate and non-durable goods.

January's growth was concentrated in durable goods, led by Brazil's beefy auto sector. Auto makers axed output in November and December, but boosted production in January and February, aided by steep discounts and tax breaks.

Brazil's auto output jumped 9.2% in February, compared with January, according to the country's vehicle-makers association, Anfavea.

Higher auto sales have sharply reduced inventories and should provide a further boost to output in coming months, Santos noted.

IBGE's coordinator for industrial data, Silvio Sales, also saw grounds for optimism.

"Considering the record negative in December and the recovery in January and February, we may now say that industry has begun to emerge from the bottom of the well," he said.

But not everyone is upbeat.

Goldman Sachs' Senior Economist Luis Cezario said the rise in output in January and February was "merely a technical rebound, boosted by the end of the inventory liquidation in the vehicle and intermediate goods sectors."

Cezario said a sharp contraction in business investment and exports of manufactured products will continue to reduce demand for Brazil's industrial goods.

However, he noted that industrial production could increase in the second quarter in some categories as inventory liquidation is completed.

The optimists have an ally in the Industrial Confidence Index, or ICI, compiled by the Getulio Vargas economic foundation. Industrial output closely shadows the ICI.

The ICI polls businesses nationwide and then compiles their responses into an index that ranges from zero points to 200. A score of 100 shows "neutral" business confidence, with below 100 "pessimistic" and above 100 "optimistic."

The March ICI was 77.9 points, but it was an improvement from the 76.2-point ICI of February.

Aloisio Campelo, who coordinates the ICI data, told the Estado newspaper on Wednesday that December was "the low point" for Brazil's business confidence, with subsequent months showing a slow but steady improvement.

However, Campelo added that the industrial recovery is fragile, with 25.2% of companies consulted in March saying they planned job cuts in the next three months. That figure, nevertheless, was better than the 29.7% who cited job cuts in February and 32.5% in December.

"The situation has stopped getting worse. We've come from a really bad situation to a situation that is simply not very favorable to employment," Campelo said.

Looking ahead, Brazil's central bank will likely cut its Selic base rate by 150 basis points in April to 9.75% to help foster a recovery, according to Sao Paulo's Gradient Investimentos fund. Santos of BES also believes the weak February data will lead to a 150 basis point cut. Goldman Sachs sees the Selic rate dropping to 8.5% by July.

-By John Kolodziejski, Dow Jones Newswires; 55-21-2586-6086; John.Kolodziejski@dowjones.com



To: Cogito Ergo Sum who wrote (48071)4/2/2009 4:40:34 AM
From: TobagoJack2 Recommendations  Respond to of 219433
 
maurice mq, viewed from some clear distance, shares much with the likes of sub-prime evilette cb ilaine, regardless of actual living in city or country. i think you in n.america call them red necks, or hicks, for short.

they are a hopeless lot, just fun to taunt, nothing more, because they do not even know what they do not know, and cannot otherwise help themselves for their state.

they exist for a reason, and that being to be marks in the market arena. we are blessed.

let us count our blessings, and may we count them again 12 months on.

cheers