FYI | Sep 09 2011
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:
– Honestly, don't understand the "surprise" about the rise in Oz unemployment. Don't economists read newspapers? Expect further rises ahead
– Quote of the day: China knows about gold price suppression, and the US knows China knows (but… is a natural correction overdue..?)
– Citi lowers WTI oil price forecast to US$86/bbl on average for 2012 while AUD/USD is forecast stronger for longer, but "equities are cheap"
– Old age wisdom from legend Jesse Livermore: "Remember that stocks are never too high for you to begin buying or too low to begin selling"
– Best advice to all investors: whatever you do, make sure you are 100% comfortable with it, "the future is uncertain, the end is always near"
– Deutsche Bank: Q4 will be "constructive" for risky assets, including commodities. Key question: where will US ISM be at year-end; 45 or 55 ?
– The inevitable: Citi cut commod prices forecasts. Bearish copper, steel, zinc and lead, bullish iron ore, alu, nick, gold, plat, met coal
– FX experts at NAB predict: AUD/USD likely on its way back to 1.03
– I've said this before, but… the opportunity in today's equities are amongst cheap industrials paying growing, sustainable divs (AAD, FWD)
– Beijing-based Univ professor doesn't believe Chinese growth will prove sustainable, and he says history is on his side http://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=36ED96FC-98BF-D0DC-6E9BD956B651A3B0
– Not unimportant: today's share market in Oz will look weaker than usual due to many ex-dividends, which will be the theme for the week
You can add my regular Tweets on Twitter via @filapek
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