"France, but also Germany, have a special responsibility, as heavyweights in the eurozone, to take seriously the new deficit reduction rules," Bundesbank chief Jens Weidmann says, becoming the second official in a week to remind France of its obligation to cut its budget deficit to 3%, even if it takes a few extra years. There is a "certain amount of flexibility" in the rules, Weidmann continues, but their "credibility won't be enhanced if one were to exhaust [that] flexibility right at the start." Translation: Weidmann doesn't want anyone pushing their luck. [View news story]
this is right he is so stupid he should encourage 20% deficit it's so easy. money can be printed why suffer
While RBC and Wells Fargo talk up Apple's (AAPL +2.9%) Chinese sales, Wedge Partners and Merrill try to soothe concerns about iPhone order cuts (I, II). Wedge claims Apple has raised its FQ2 iPhone 5 production forecast by 10%-15% from conservative levels. Merrill suggests order cuts talk largely relates to displays, and that checks with other suppliers indicate only a seasonal drop. Still, the firm is lowering its FY13 iPhone forecast to 162M units from 170.5M, citing "a tepid US/Europe consumer and aggressive promotions [presumably for rival products] at US retailers." [View news story]
get real Walmart will pay $70 from its own pocket ? Walmart who squeezes each company to death for cents? They would pay $70 hoping to bring someone into a store to buy a discounted shirt for $7? LOL
The truth is Iphone 5 is not selling well. Market is saturated. They have no choice but to slash their prices
It looks like T-Mobile USA is finally getting the iPhone: Deutsche Telekom (DTEGY.PK) says its U.S. unit "has entered into an agreement with Apple (AAPL +2.1%) to bring products to market together in 2013." It doesn't provide further details, other than to say the deal will hurt DT's 2013 free cash flow (likely thanks to big purchase requirements/subsidies). Many were expecting an announcement this week. MetroPCS (PCS +1.7%), slated to merge with T-Mobile USA, is up a bit. [View news story]
I really don't see how it's relevant anymore Iphone is an overpriced antique
yes, users might continue to buy for some time given subsidies hide real price but AAPL share price shows what will happen in 6 months 1 year period
Evidence continues to pile up that iOS (AAPL) users are much more lucrative (on average) to developers and advertisers than Android (GOOG) users. IBM estimates the iPhone and iPad accounted for 18.5% of Black Friday online shopping traffic, and Android devices just 5.5%. Other studies have already shown iOS accounting for a disproportionate share of ad sales, app download revenue, and (thanks in large part to the iPad) Web traffic. This is a headache for Google, since it has to make search ad revenue-sharing payments for Mobile Safari traffic. [View news story]
Apple will never show growth 20%+ I bet from 2013 we will see fast decline Apple doesn't have any ideas, they just have the same one device in 3 different form factors.
Recession Or Not, A Tragedy By Any Measure [View article]
I just can't believe those shortsighted arm chair economists still allowed to post this kind of garbage on SA Current slowdown is a direct result of QE2 and inflation which it brought Recession of 2008 was influenced by oil bubble which was created by a panicky Fed who lowered rates to stabilize stock market any attempt to create inflation above 2% will put this country into depression
A reversal in capital flows due to the end of QEII is likely to be the cause of the next leg down in commodities, argues UBS. Emerging markets, no longer needing to print domestic currency to sweep up dollars, will see a lending boom end. UBS is getting long greenbacks, long bonds, short commodities, short EM shares. [View news story]
Even if QE3 doesn't happen I don't see how can commodities reverse dramatically The world still wants to grow. The world still need more copper, oil, food by the day World population still exploding, monetary base still grows, US deficit still unsustainable Commodities have corrected already, OK maybe another 10-15% down but then up and up and up
With all due respect to President Obama's weekly address, it's the ultra-weak dollar that's led to spikes in commodity prices including oil and gold - not the evil speculators: "The plan to spend America out of the downturn is making a mockery of the country's 'strong dollar' policy," and causing faith in 'fiat money' to crumble, Gary White writes. [View news story]
where do you think they get money? Oil priced in dollars not in yuans. More dollars printed - higher prices. WIthout QE oil could still cost $30
"Bernanke is a murderer, he’s a murderer of the middle class and the working class," Marc Faber says in a King World News interview. "If you print money everything will go up... it goes into equities and for Mr. Bernanke unfortunately into commodities. And this is lifting the cost of living of the median household, of the typical household in the U.S." [View news story]
And do you know how you usually stop excessive demand? You stop priinting money!
All this cheap talk about demand propping up prices is false. Remove excessive liquidity and you will see how demand will disappear like it disappeared in 2008
Has Ben Bernanke broken the PBOC the way George Soros broke the BoE? James Rickards makes the case that the FOMC chair's money printing operation has forced China to either revalue its currency or face civil unrest over spiraling prices. [View news story]
so Fed lied again? the reason was to crash Chinese
ok, let's pretend it's true but why? US government can implement 100% tariff on all chinese goods and without printing reach their targets
the truth is Fed wanted lower rates but failed and desperately searches for what can explain that foolish money printing orgy
How good has the stock market's run been since September? The S&P has now gone 92 days without falling below its 50-day moving average, something that's occurred only 17 times since 1928; stocks have gone 30 days without falling through their 10-day MA - a feat never accomplished going back 82 years. [View news story]
Fed exists for one hundred years. that's agony. As inflation will destroy world economy within the next several years - and Fed will be destroyed but hopely never forgotten and never happen again
"France, but also Germany, have a special responsibility, as heavyweights in the eurozone, to take seriously the new deficit reduction rules," Bundesbank chief Jens Weidmann says, becoming the second official in a week to remind France of its obligation to cut its budget deficit to 3%, even if it takes a few extra years. There is a "certain amount of flexibility" in the rules, Weidmann continues, but their "credibility won't be enhanced if one were to exhaust [that] flexibility right at the start." Translation: Weidmann doesn't want anyone pushing their luck. [View news story]
he is so stupid
he should encourage 20% deficit
it's so easy. money can be printed
why suffer
How the Fed Could Fix The Economy -- And Why It Hasn't [View article]
so 8% deficit is not considered helicopter money?Interesting...
How much do we need for recovery then? 25% of GDP?
You say 3 trillion is needed for infrastructure. But in the last 4 years 6 trillion in government deficits were added. And all was waisted
The Real Truth Behind Apple's Growth [View article]
there are just 1 billion people in the world who can afford apple products
2012 was blow off top for Apple
they will stabilize in several years somewhere around 100 million devices and $300 a share
While RBC and Wells Fargo talk up Apple's (AAPL +2.9%) Chinese sales, Wedge Partners and Merrill try to soothe concerns about iPhone order cuts (I, II). Wedge claims Apple has raised its FQ2 iPhone 5 production forecast by 10%-15% from conservative levels. Merrill suggests order cuts talk largely relates to displays, and that checks with other suppliers indicate only a seasonal drop. Still, the firm is lowering its FY13 iPhone forecast to 162M units from 170.5M, citing "a tepid US/Europe consumer and aggressive promotions [presumably for rival products] at US retailers." [View news story]
Walmart will pay $70 from its own pocket ? Walmart who squeezes each company to death for cents?
They would pay $70 hoping to bring someone into a store to buy a discounted shirt for $7?
LOL
The truth is Iphone 5 is not selling well. Market is saturated. They have no choice but to slash their prices
It looks like T-Mobile USA is finally getting the iPhone: Deutsche Telekom (DTEGY.PK) says its U.S. unit "has entered into an agreement with Apple (AAPL +2.1%) to bring products to market together in 2013." It doesn't provide further details, other than to say the deal will hurt DT's 2013 free cash flow (likely thanks to big purchase requirements/subsidies). Many were expecting an announcement this week. MetroPCS (PCS +1.7%), slated to merge with T-Mobile USA, is up a bit. [View news story]
Iphone is an overpriced antique
yes, users might continue to buy for some time given subsidies hide real price but AAPL share price shows what will happen in 6 months 1 year period
Evidence continues to pile up that iOS (AAPL) users are much more lucrative (on average) to developers and advertisers than Android (GOOG) users. IBM estimates the iPhone and iPad accounted for 18.5% of Black Friday online shopping traffic, and Android devices just 5.5%. Other studies have already shown iOS accounting for a disproportionate share of ad sales, app download revenue, and (thanks in large part to the iPad) Web traffic. This is a headache for Google, since it has to make search ad revenue-sharing payments for Mobile Safari traffic. [View news story]
I bet from 2013 we will see fast decline
Apple doesn't have any ideas, they just have the same one device in 3 different form factors.
What If Apple Were In The Dow? [View article]
what if Iphone goes out of favor?
Will you be happy from Dow 14k to Dow 5K just because of Apple
Recession Or Not, A Tragedy By Any Measure [View article]
Current slowdown is a direct result of QE2 and inflation which it brought
Recession of 2008 was influenced by oil bubble which was created by a panicky Fed who lowered rates to stabilize stock market
any attempt to create inflation above 2% will put this country into depression
A reversal in capital flows due to the end of QEII is likely to be the cause of the next leg down in commodities, argues UBS. Emerging markets, no longer needing to print domestic currency to sweep up dollars, will see a lending boom end. UBS is getting long greenbacks, long bonds, short commodities, short EM shares. [View news story]
The world still wants to grow. The world still need more copper, oil, food by the day
World population still exploding, monetary base still grows, US deficit still unsustainable
Commodities have corrected already, OK maybe another 10-15% down but then up and up and up
An Inflation Target of 2% Is Too Low [View article]
And real inflation is already above 2%
With all due respect to President Obama's weekly address, it's the ultra-weak dollar that's led to spikes in commodity prices including oil and gold - not the evil speculators: "The plan to spend America out of the downturn is making a mockery of the country's 'strong dollar' policy," and causing faith in 'fiat money' to crumble, Gary White writes. [View news story]
"Bernanke is a murderer, he’s a murderer of the middle class and the working class," Marc Faber says in a King World News interview. "If you print money everything will go up... it goes into equities and for Mr. Bernanke unfortunately into commodities. And this is lifting the cost of living of the median household, of the typical household in the U.S." [View news story]
All this cheap talk about demand propping up prices is false. Remove excessive liquidity and you will see how demand will disappear like it disappeared in 2008
All Signs Point to a Major Shift in the Economy [View article]
if Fed refuses to monetize debt - US will default
from the other side it's not really difficult to reduce deficit, go trough recession to restolve structure imbalance like UK just doing now
Has Ben Bernanke broken the PBOC the way George Soros broke the BoE? James Rickards makes the case that the FOMC chair's money printing operation has forced China to either revalue its currency or face civil unrest over spiraling prices. [View news story]
the reason was to crash Chinese
ok, let's pretend it's true
but why? US government can implement 100% tariff on all chinese goods and without printing reach their targets
the truth is Fed wanted lower rates but failed and desperately searches for what can explain that foolish money printing orgy
How good has the stock market's run been since September? The S&P has now gone 92 days without falling below its 50-day moving average, something that's occurred only 17 times since 1928; stocks have gone 30 days without falling through their 10-day MA - a feat never accomplished going back 82 years. [View news story]
that's agony. As inflation will destroy world economy within the next several years - and Fed will be destroyed but hopely never forgotten and never happen again