FYI | Feb 24 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:
– The "price" of "oil" is US$123. Amazing how financial commentators and analysts still refer to WTI. Shows just how backward the industry is
– Says Dennis Gartman: let's not kid ourselves, Greece will default on both old and new debt, it's only a matter of time
– This might have gone unnoticed but Citi analysts declared the end of peak oil last week (controversial of course) – I agree (gas will rule)
– EURUSD Soars On Reuters Report That Greek Deal Is Reached… Which Is Same Deal As In July 2011 http://tinyurl.com/7lfjyn6
– Ahem, ahem… UBS commodity analysts are contemplating a correction for iron ore prices in weeks to come. View supported by Chinese sources
– Warning from Citi in US: earnings revisions do not support rally, econ data surprises at peak, investors complacent – time for retreat?
– Oz Stockbrokers today: downgrade for AMP, DUET, Perseus and Treasury Wine Estates, upgrade for Mirvac, ANZ #1, Macq initiates Sandfire
– The Australian dollar is higher after the Chinese central bank announced it will take action to stimulate its economy. http://tinyurl.com/7jqp4et
– "If China was a source of global disinflation in the past decades, it will become a source of global inflation in the next decade"(Barclays)
You can add my regular Tweets on Twitter via @filapek
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