Saturday, October 15, 2011

"Percaya Dengan Apa Yang Anda Lihat, Bukan Percaya Dengan Yang Anda Dengar"

What to Do Before the Next Crash
Executive Summary
    * Are you prepared for a 'bank holiday'? (Hint: It's not nearly as fun as it sounds)
    * Smart wealth safety strategies
    * Securing the "big four" essentials: shelter, food, fuel, and water
    * The immense advantage of cultivating a healthy mindset
    * Why the steps before a crisis are so much more valuable than those taken afterwards


Global Moving Averages Show Market Recovery In Sight 

As shown in the tables below, the key conclusions are as follows:
    * Most developed markets are again trading above their 50-day moving averages (indicating the secondary trend), including the MSCI World Index and all the major U.S. indices. It is not surprising to see markets such as Greece and Portugal bucking the trend, with Japan also an underperformer.
    * Considering the 200-day moving averages (an indicator of the primary trend), all the developed markets with the exception of New Zealand are below their averages, with Austria, Greece and Singapore more than two standard deviations in the red.


The Great Crash and Beyond
Gaithersburg, Maryland – The worst quarter for stocks since the first quarter of 2009 sent me back to the dusty archives of finance. Amid old tomes, I searched for what I might learn from the dark markets of years past. I found a collection of articles called The Great Crash and Beyond. They date from 1979, put together on the 50th anniversary of the crash of 1929. Only a handful of years before, the market fell by half (1973-74). Inside, I find writers reflecting on the mosaic of Wall Street history and the continuity of markets across the time.


Martin Armstrong - Lessons from ’87 Crash & What’s Coming
With continued turmoil in global markets, King World News interviewed internationally followed Martin Armstrong, Founder and Former Head of Princeton Economics International, Ltd..  Armstrong’s firm rose to be perhaps the largest multinational corporate advisor in the world.  When asked what to look for going forward, Armstrong told KWN a fascinating account of what led to the ’87 Crash, “When Volcker raised interest rates to crazy levels, the discount rate up to 17% going into 1981, a tremendous amount of capital starts coming from overseas into the United States.  So that drives the dollar up going into 1985 to a point where the (British) pound had fallen from 2.40 to par vs the dollar.”


Foreigners Dump $74 Billion In Treasurys In 6 Consecutive Weeks

Biggest Sequential Outflow In History
Over the weekend, we observed the perplexing sell off of $56 billion in US Treasurys courtesy of weekly disclosure in the Fed's custodial account (source: H.4.1) and speculated if this may be due to an asset rotation, under duress or otherwise, out of bonds and into stocks, to prevent the collapse of the global ponzi (because when the BRICs tell the IMF to boost its bailout capacity you know it is global).


No comments:

Post a Comment

Kalender Ekonomi & Event

Live Economic Calendar Powered by Forexpros - The Leading Financial Portal