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


To: THE ANT who wrote (111243)3/15/2015 11:30:27 AM
From: elmatador  Read Replies (2) | Respond to of 219345
 
I was counting on the deflationary wave coming to USA.

I made the mistake to tell Maureen i used to pay 1USD to get 1.7 Brazilian Real and now got 3.08 Brazilian Real per USD.

She asked me to take her to Rua Teffé, here in Curitiba, which is both sides footwear shops!!!



To: THE ANT who wrote (111243)3/16/2015 5:26:33 PM
From: elmatador  Read Replies (1) | Respond to of 219345
 
What is going to bubble with all the money moving into the US?

Nasdaq president dismisses tech bubble fears
Josh Noble in Hong Kong

The president of exchange group Nasdaq OMX has dismissed suggestions of a new tech sector bubble, despite a multiyear rally that has returned internet stocks to the highs of the dotcom boom.

The Nasdaq Composite index briefly hit 5,000 points last week. It last reached that level 15 years ago at the pinnacle of the tech bubble, collapsing soon after to finish the year 2000 having dropped below 1,500 points.

However, Adena Friedman, president of Nasdaq OMX, believes that the exchange’s main US equity index is now “fundamentally different”, and that the addition of companies outside the tech sector has helped make it a “formidable reflection” of the global economy.

“I was there in 2000. It was a very, very different index then. If you look at the index today, we now have three of the five largest companies in the world,” said Ms Friedman.

While the Nasdaq is best known for hosting technology giants including Apple, Facebook, and Google, it has also attracted a number of businesses from other sectors, such as coffee chain Starbucks, hotel group Marriott International, and food producer Mondelez. Consumer goods, consumer services and healthcare combined now make up more than 40 per cent of the Nasdaq Composite.

Tech stocks do still dominate, accounting for 43 per cent of the index. Even so, Ms Friedman sees little cause for concern.

“I personally think that tech is in a huge growth phase,” she said. “There is a rationale for the types of valuations that these companies are getting based on the growth opportunity globally for technology and biotech.”

A number of emerging tech sector companies have recently turned to private markets for funding, something made possible by rule changes brought in under the Jobs Act — a new law aimed at simplifying rules governing US capital raisings and securities sales. The likes of Airbnb, SpaceX, Lyft, and Snapchat have attained multibillion dollar valuations from private capital raisings, while Xiaomi and Uber have become two of the world’s most highly valued unlisted companies.

However, Ms Friedman insists this trend is not a threat to Nasdaq’s listings business, and instead represents an opportunity for the exchange. It set up Nasdaq Private Market last year as a platform designed to help companies raise capital from investors without going public.

Speaking on a visit to Hong Kong, Ms Friedman also hailed the launch of the Shanghai-Hong Kong Stock Connect as a “huge success”, and said Nasdaq hoped to benefit from the cross-border trading link in future by listing more exchange traded funds (ETFs) in the region.

ETFs are not currently eligible for the Stock Connect, which allows mainland Chinese investors to trade securities listed in Hong Kong. However, the Hong Kong stock exchange hopes to broaden the scheme to include other asset classes in the future. An ETF tracking the more tech-heavy Nasdaq-100 index is already listed in Shanghai.

The bulk of Nasdaq’s Asian revenue comes from selling trading software to local exchanges. On Sunday night, it announced that Asia Pacific Stock Exchange (APX), a year-old Sydney-based bourse aimed at Chinese companies, had gone live with a new Nasdaq-supplied trading platform.