FYI | Mar 23 2012
Rudi Filapek-Vandyck, Editor FNArena
I joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently. Twitter allows me to follow news and commentary sources such as Dow Jones' Marketwatch, Bloomberg News and the Wall Street Journal. It assists me in keeping up with what is happening across the globe, while I am observing and analysing financial markets myself.
While I am on Twitter, reading a quote here and a news flash there, I offer my own succinct insights and commentary. Those amongst you who have already discovered the virtues of a Twitter account can add my Tweets to their daily news via @filapek.
For those who have no intention to join Twitter, but would like to stay up to date, below are my Tweets from the week past:
– Citi analysts at both energy and metals desks declare the super cycle has peaked with lower prices ahead; "The sunset of the supercycle"
– Technical Market analysts at Barclays have just negative on base metals with further weakness expected as technical picture deteriorates
– Bursting The Permabullish Bubble: 11 Out Of 13 Economic Indicators Have Missed http://www.zerohedge.com/node/445453
– Barclays: global growth improving, inflation creeping up, easy monetary policies priced in; risks are now skewed toward higher yields
– It is true the Flash PMI doesn't spell serious troubles for China but the detail points towards further weakness and that's the take-away
– Risk Off to stay for longer as Fed chairman Bernanke says the US economy is still too weak to ensure a healthy pace of economic growth
– Wondering why sentiment has shilled as economic data have turned for the worse? It's the weather, guys, there never was a winter in Eur/US…
– GS call on generational opportunity between bonds and equities less brave than one would think. Bigger picture it's but logical (long term)
– Citi: "huge out-performance of mining shares relative to global equities during the Supercycle will not be repeated for a long, long time"
– Silly "investors" (traders?). Last week, China Iron and Steel Association revised down 2012 output growth forecast to 4%, no response then
– BHP's iron ore news likely to weigh on AUD for days, predicts ANZ, but should have no impact on capex boom, thus no impact on AUD further on
– FNArena surveys investor sentiment – give us your view via https://www.fnarena.com/index2.cfm?type=dsp_survey
– I contributed to "Small Company returns Are Sizzling" story in SMH (17/03/12) mentioning mining services companies, ASZ, HSN, BRG
– Morgan Stanley remains bullish on gold, bearish on crude oil ("limited upside"), while not so enthusiastic on ind metals (copper preferred)
– Optimism should not give us a sense of comfort or lull us into a false sense of security,” IMF MD Christine Lagarde
– Dividends don't work. Investors should ignore them… And that's why Apple is now paying a dividend plus buyback on top. Investors take note
– NAB FX team believes market is counting on weaker AUD. NAB still targets USD1.05 by end March "but 1.0370 possible first"
You can add my regular Tweets on Twitter via @filapek
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