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Excel Acceptance, LLC, (EA), is a specialty financial services company providing alternative funding availability to lease and loan portfolio sellers. EA is a full service funding facilitator of both large and small portfolios in addition to the individual lease or loan originated by both... More
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  • Ross Aldridge Las Vegas Nevada And RAC Consultants Review Possible Decline In Asian Market?  0 comments
    Mar 22, 2014 7:56 PM | about stocks: GS, MS, JPM, C

    Ross Aldridge Las Vegas Nevada and RAC Consultants reviewed the Asian stock markets volatility that may cause a 2-3 percent drop in the markets 3-23-3-26-2014. What effect will rollover to the American markets? History has shown that the Newtonian theories associated with cause and effect are in play until the Russian land grab is finalized. We predict that unilateral damage will be imposed by Putin and the American financial system will cause more damage that political advantages. As most financial annalist disclosed:

    Asian stock markets may suffer losses of as much as 2 percent this Monday as investors shun equities, opting instead for the relative safety of the U.S. dollar and treasuries as a stand-off between Ukraine and Russia threatens to escalate into conflict, investment professionals told CNBC.

    "We believe it will be a broad-based sell-off," Naeem Aslam, chief market analyst at Ava Trade, told CNBC on Sunday. "If there is a military action, there could be over 2 percent gap to the downside. Before the markets open, gold and U.S. bonds could rally higher on the back of this and the same goes for the greenback."

    The low-yielding yen was in favor in early Monday trading while the Australian dollar fell against its U.S. counterpart. "Buy yen, then buy dollars," advised Simon Derrick, BNY Mellon's Chief Currency strategist on Friday. "If you must buy the pound. Avoid everything else."

    Ukraine mobilized on Sunday for war and called up its reserves, after Russian President Vladimir Putin threatened to invade in the biggest confrontation between Moscow and the West since the Cold War, Reuters reported on Sunday.

    (Read more: Stories about Ukraine)

    Russian forces who have already bloodlessly seized Crimea - an isolated Black Sea peninsula where most of the population are ethnic Russian and Moscow has a naval base - tried to disarm the small Ukrainian contingents there on Sunday. Some Ukrainian commanders refused to give up weapons and bases were surrounded.

    "We're witnessing the most seismic geopolitical events since 9/11," said Ian Bremmer, president and founder of Eurasia Group, a global political risk and consulting firm, in a situation update published on Saturday.

    Nomura's Senior Political Analyst Alastair Newton was more restrained but believed Putin is nevertheless determined to "haul Crimea back into Russia" and Moscow risks opening up another front by possibly inciting "trouble" in the east of Ukraine where most of ethnic Ukrainians speak Russian as a native language.

    "This is going to get very messy," Newton said. "But Crimea isn't Poland and this isn't 1939."

    Ross Aldridge Las Vegas Nevada sees more pain for financial with exposure to Russian and China. Heading the list is Goldman, Morgan Stanley and JP Morgan Chase. We would sell short financials and go long with SKF.

    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in SKF over the next 72 hours.

    Stocks: GS, MS, JPM, C
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