FYI | Apr 27 2012
By 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:
– What too many investors "miss" in Oz: Oil Major Exxon Mobil has just become the top dividend payer in the S&P500, even beating AT&T
– GS makes it official: global iron ore market will be "long term" over-supplied from 2015 onwards when rising prod will meet slowing demand
– Oz Stockbrokers today: praise for Oil Search and Western Areas; disappointment about Newcrest, Seven West, Mirabela; a buyback for News?
– JPM: Best way to play RBA/rate cuts is through bond proxies and USD earners, "and miners if you are more confident on China than we are"
– UBS views "high quality, dividend-paying companies as important components of equity portfolios"; overall "wary of volatility ahead"
– UBS Global Strategists have firm belief "that dividend yield will be an important component of equity total return in the quarters ahead"
– Always good $AAPL earnings chart porn here: http://m.readwriteweb.com/archives/apple-huge-quarter-in-charts.php
– Don't get too carried away, folks! RBA will go 25bp in May and then possibly again in June. They're behind the curve, but not in panic mode
– Today's low CPI read pretty much seals RBA cutting cash rate in May; it also shows strength is evaporating from Oz economy (in my view)
– Citi warns: current profit forecasts for US companies seem unrealistic, assuming acceleration into year end when margins are under pressure
– Daniel Goulding (Sextant Market Letter): "internal backdrop for Materials and Energy alarming", more time needed before weakness kicks in
– Financial markets going Dutch? Risk Off overnight with metals prices, equities in sell-off, Apple now below 50 M/A, German data disappoint
– Tim Price: We may be fast approaching a macro environment that threatens a bear market in both stocks and bonds simultaneously
– Dennis Gartman is worried about the outlook for US equities, expecting "material weakness" may soon develop…
– All the eurozone PMIs – services, manufacturing and composite – came in below the most pessimistic forecasts from more than 35 economists.
– RBS: expect tensions to escalate across the euro area over the coming months. Unresolved issues include recapitalisation of banking sector
– BA-ML remains cautious on US equities, projecting flat margins and slowing profits plus decelerating GDP growth, thus limited equity upside
– Nomura warns: even soft landing in China can have large consequences for commodities and miners http://tinyurl.com/cgv2gwd
You can add my regular Tweets on Twitter via @filapek
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