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Is Recession over ?
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ten4one
Master |
11-Aug-2009 08:51
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Of course Financial results and Earnings are important. I think most Market Watchers will be looking forward to our PM Nat'l Day Rally Speech this week end. On that day you'll know how and where we stand. No matter what, I'll still "Stand Up For Singapore"! Buy on anticipation, Sell on news! Cheers! |
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dealer0168
Elite |
10-Aug-2009 16:49
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Currently, look like bottom up already. But 3rd qtr results announcement day will be the judement day. (My opinion) |
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ten4one
Master |
10-Aug-2009 14:35
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If you don't understand and want to learn, you've to ask. If you don't understand and don't want to learn, you needn't have to ask. If you still don't understand after asking, it is quite obvious that you're asking the wrong question and thence, you've the wrong answer - that is not too bad 'cos at least you know it is the wrong answer!!! You must (at least) have some knowledge about the subject so that you're able to ask the right question or know what to ask! Therefore, (in my opinion) knowing what to ask is more important than just ASKING Cheers! |
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cheongwee
Elite |
10-Aug-2009 11:11
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Ask not when it is over? Ask what preparation u have make, if it turn for the worse!!! Ask what protection you have for yourself? And last but not least,ask what have you do to protect yourself and your investment?? |
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cheongwee
Elite |
10-Aug-2009 11:00
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well , you shd read this...and with the change of accounting rule....otherwise most of them report losess.. a loss is a loss...you cannot change the rule to make winner.. July 26, 2009
Posted: 1052 GMT
LONDON, England – Last week when I appeared on CNN to talk about earnings, I raised the issue of the quality of the U.S earnings. Wall Street gains sent the Dow above 9,000 points for the first time since January.
Investors have been pushing stocks higher fueled by better than expected earnings. The Dow broke through 9,000 for first time since January, while the S&P 500 has shot up 11 percent in the past two weeks. The U.S. earnings season has fueled a global rally. But are investors getting too euphoric? If you look at the revenue side of the earnings, not all is well. Take the 143 companies in the S&P 500 who reported last week. Revenues actual fell on average 10 percent from the same period a year ago, according to Bloomberg data. Steven Ricchiuto, chief economist at Mizuo Securities USA hit the nail on the head when he spoke about the divergence between earnings and revenues. “We know companies are cutting costs at a record pace, and that is helping earnings. But you can’t keep on shrinking your way to profitability. Eventually, you do damage to your end users. You have to get revenues up to have a sustainable upturn.” David Rosenberg, chief economist and strategist at Gluskin Sheff, echoed similar sentiments when quoted by the Financial Times. “Earnings may be beating low-balled estimates for the majority of S&P 500 companies, but there is no questioning the fact that we are also seeing a sustained decline in revenues.” “What we are still witnessing is a trading opportunity rather than a fundamental shift in the outlook. We must take into account what the risks are going to be once the buying momentum is lost,” he added. The bottom line is that companies can’t indefinitely cut costs, they need to get revenues moving higher. But every time they shed a job, that means one less consumer spending as much money in the economy, undermining the prospects for recovery, which in turn of course, hurts companies earnings prospects. In a research note this month, the economist Nouriel Roubini sounded a note of caution. “Expectations of corporate earnings will have to be downgraded again. Demand will be weak, most prices will be falling, and companies will therefore have little pricing power and their profit margins will remain squeezed. The expectation that in these conditions profits will rebound strongly is quite far-fetched.” Roubini is worth listening to, because he’s the guy who predicted the credit mess. As I’ve written many times before, any sustainable recovery is still far away. But for now, investors aren’t too concerned why companies are beating earnings expectations; that they are is enough. A closer analysis might make investors a little less euphoric. Do you agree or disagree? Posted by: Financial Analyst, Todd Benjamin |
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ten4one
Master |
10-Aug-2009 10:32
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Of course, all serious injuries will take some times to recover and finally cure - ie if the causes of injury are known and then correctly diagonised. Sometimes it is good not to read too much into good news and become too optimistic! Saving for the rainning days to buy cars sound a little 'foolish' to me; and the 'snatching up' of condo was mainly due to speculations and really cheap intertest rates. Most of these Buyers were either Foreigners and Speculators! Anyway, a little speculation is good for the property market .......too much will burst the bubble! Cheers! |
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foucs6900
Senior |
09-Aug-2009 17:25
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As long as out of recession by the Govt is gd news, as for rd for recovery is slow is normal, like when u seriously injured and need months or even yrs to recover back.... I think country govt need to break dwn the unemployment sector correctly and let the public knw the actual details, rather then just said unemployment is high, whereas most of us still hv jobs, house n food to survived..........we need to be cautios no doubt, but some times need to give gd news to let ppl assurance n ppl will start spend wisely n then ecom will slowly grow steadily ! Not eveytime said tough is ahead of us, be prepare.....tink most sporean who gone thru the previous recession, had alreadi knw hw to overcome, by saving for rainy days...if not you still can see so mnay new cars on the road and condo been snatch all when launch......... |
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ten4one
Master |
09-Aug-2009 17:13
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Recession maybe over...............................But RECOVERY is still not in sight. It'll be painfully s.....................l.......................o....................................................w ! On the brighter side, we know one dark cloud has been removed and there'll be light at the end of the tunnel. The problem is no one is certain how long is this tunnel! Cheers! |
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Hulumas
Supreme |
08-Aug-2009 17:47
Yells: "INVEST but not TRADE please!" |
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RECESSION is over country by country at different exit time and not at the same time!!! ( The differences could be from weeks, months, quarters to years.
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williamyeo
Senior |
07-Aug-2009 23:07
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http://money.cnn.com/2009/08/06/news/economy/economy_over_economist.fortune/index.htm | |
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