Friday Outlook: Contemplating the Fundamentals

February 19, 2009



The 'Fryguy' usually features many technical charts and today will be no exception. But first let’s listen and view some important and timely fundamental outlooks from our friends at Business Monitor International (London). Greg Newton and I conducted this much anticipated interview yesterday and it’s available in the following YouTube segments. Why all the segments? Because YouTube only allows 10 minute recordings and it also provides viewers the opportunity to view the topics they want.

Our discussion focuses on important hot spots of the world and the various economic risks investors will confront in global regions and countries.

Are gold and silver safe haven assets at this time?

Terry Alexander, Head of Country Risk, addresses this issue and much more with his macro view.



Are China and India economic growth rates contracting?

Yoel Sano, Asia Country Risk Analyst, discusses BMI’s view on this and Japan, Taiwan, Vietnam, Korea and much more in the next segment.



“In Europe the problem really is a capital shortage…” so says Justin Patrie, Emerging Europe Country Risk Analyst. He assesses this and much more in the next segment.



How will weakness in Eastern European economies affect currencies like the Polish zloty? Will the current economic and currency crisis in Russia lead to unrest? Justin concludes his presentation with a discussion of this and other regional markets.



Meanwhile, back at the ranch, the stock market gave out a Bronx Cheer to current conditions (Crummy earnings, PPI higher, LEI lower and unemployment claims climbing) and trial balloons being floated about from the government. Phooey!

And there’s options expiration beginning today with settlement tomorrow. That will give Da Boyz in the options pits some cheap thrills while crude oil should be fun with a rollover from March to April contracts also taking place.

Volume was about average while breadth continues on a negative path.

























































































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