2011年2月8日星期二

Close: Dow 7 stocks with positive high another 2 ½ years

Dow component McDonald's (MCD) rose 2.6% in January this year, the company said same-store sales rose 5.3%, exceeding market expectations; in all markets outside the U.S. sales on the rise.

Leading consumer goods sector rose, the worst performance of the energy sector.

The People's Bank of China announced Tuesday the benchmark deposit and lending rates by 25 basis points, this is the first time the bank to raise interest rates this year to take measures aimed at curbing inflation. Interest rate will be formally implemented on Wednesday, which means that if the CPI continues to rise in future, the bank would continue to take more tightening measures.

Despite the austerity measures taken by China in the past people worried about global economic growth may be affected, but still embraced the market on Tuesday, China's central bank increases interest rate policy because the policy against inflation has increasingly become a concern. Strong growth in the holiday market demand and adverse climatic conditions, commodity prices rose sharply in the first quarter has been widely expected, so some analysts had anticipated that China will raise interest rates.

Summary: The Dow closed up 0.59%, another two and a half years high

Dow component McDonald's (MCD) rose 2.6% in January this year, the company said same-store sales rose 5.3%, exceeding market expectations; in all markets outside the U.S. sales on the rise.

Leading consumer goods sector rose, the worst performance of the energy sector.

The People's Bank of China announced Tuesday the benchmark deposit and lending rates by 25 basis points, this is the first time the bank to raise interest rates this year to take measures aimed at curbing inflation. Interest rate will be formally implemented on Wednesday, which means that if the CPI continues to rise in future, the bank would continue to take more tightening measures.

Despite the austerity measures taken by China in the past people worried about global economic growth may be affected, but still embraced the market on Tuesday, China's central bank increases interest rate policy because the policy against inflation has increasingly become a concern. Strong growth in the holiday market demand and adverse climatic conditions, commodity prices rose sharply in the first quarter has been widely expected, so some analysts had anticipated that China will raise interest rates.

2011年1月31日星期一

Close: positive earnings U.S. stocks closed higher with the data

U.S. stocks ended higher on Monday. Investors in the volatile situation in North Africa, to wait and see attitude. Exxon Mobil earnings and better than expected economic data boosted market sentiment.

EST at 16:00 on January 31st, the Dow Jones industrial average rose 68.23 points to close at 11,891.93 points, or 0.58%; the Nasdaq composite index rose 13.19 points to close at 2,700.08 points, or 0.49%; the S & P 500 index rose 9.78 points to close at 1,286.12 points, or 0.77%.

The Dow on Monday for the first time in four years to achieve the 1 month closing high on line, and harvest the best performance since 1997 in January. So far this month, the Dow has risen more than 2%. S & P 500 Index so far this year has risen by 2%, the Nasdaq rose 1%.

Chip giant Intel (INTC) closed flat, due to design flaws found in chipsets, Intel shares have been suspended from trading morning, then resumed. Intel also raised its revenue outlook as a whole.

Today morning the news of Intel's stock was suspended from trading stocks to go so soft. The chip giant reported that chipset design defects, thereby reducing the expected revenue to $ 300,000,000.

Oil giant Exxon Mobil (XOM) rose 2.1%. The company said its fourth-quarter profit rising oil prices increased by 53%, exceeding market expectations. Exxon Mobil earnings by the promotion of general rise in the energy sector.

31 international oil prices soared to record in September 2008 a new high

Federal Reserve (Fed) Chairman Ben Bernanke (Ben Bernanke) will be held Feb. 9 at the House Budget Committee (House Budget Committee) to testify, since the Republican-controlled House of Representatives for his first appearance since the House Budget Committee.

 Bernanke will be the week of Feb. 12 to attend the hearing, the Congressional Budget Office Director Al Elmendorf (Doug Elmendorf) will be 10 witnesses.

 House Budget Committee Chairman Paul. Ryan (Paul Ryan) will play a key role in the hearing, to fight on behalf of Republican control of federal government spending to achieve the purpose. The Budget Committee hearing on the subject will certainly be issues around the fiscal imbalance.

 Earlier, Bernanke in early January before the Senate Banking Committee (Senate Budget Committee) to testify.

2011年1月27日星期四

"Financial Times": the next crisis will occur in emerging markets

As usual, I did not participate in any of a Davos forum. But I managed a few interesting people and discussed the global economy.
My feeling is that optimism has returned. Even "Dr. Doom" Roubini was also optimistic than ever. China and India at Davos to show a strong power, reveal a message - their time has come. It seems not many people have questioned China and India will continue to maintain high growth. Sentiment about the U.S. economy has also been significant changes. Some observers even in the discussion of contribution the U.S. economy will grow 3.5% in 2011. Most people believe that the federal government in the sale of bonds will not encounter too many difficulties. Even the panic about the euro area seems to have eased a lot. People seem to believe that defaults will not appear on this year.
At the same time, it is likely that they can find another party point of view, one of them to emphasize the economic uncertainty. Another perspective emphasizes the euro zone may be an unexpected breach of contract, breach of contract may be the Irish State, and breach of contract may occur in the country after the election. This may lead to market volatility and European banks rely on these markets. Another concern is that inflation and high-income countries are increasing the public debt.

Fed: M1 increased by 0.52% 1.63% M2

The Fed on Jan. 27 to the latest week, the money supply report showed a seasonally adjusted basis, as of January 17 the week of the M1 money supply increased 30.3 billion, to $ 1,853,000,000,000; M2 money supply increased 466 Billion, to $ 8,862,000,000,000.
3.Continued maintenance of stability at the end of the Fed or small-scale "Exit"
Federal Reserve monetary policy meeting in 26 said in a statement after the regular decision-making, peacekeeping in the country will continue to benchmark interest rate from 0 to a record low of 0.25% unchanged, in order to further stimulate the U.S. economic recovery. In addition, plans will continue to promote the 600 billion U.S. dollars by bond purchase plan.
Analysts pointed out that can be seen from the statement, the job market downturn in the short term change in U.S. policy will not loose, but the U.S. economic recovery has been enhanced, quantitative easing policy has stimulated efforts to reduce even the possibility of early termination.
The Fed said in a statement, to keep the benchmark interest rate to 0.25% at 0 range unchanged. Since since March 2009, the Fed has been reiterated in a longer time to maintain interest rates at low levels.
Statement that the U.S. economy is recovering, but not enough to significantly improve the recovery rate of employment. In this regard, CITIC Securities International, said Hu Yifan macroeconomic researchers, such macro-economic environment prompted the Fed to maintain its expansionary monetary policy stance. The federal funds rate may be maintained in the longer period of time at very low levels, there will be no change this year.
As the Fed statement said, the high unemployment rate is still the reason for the Fed to maintain an accommodative policy. Although the U.S. unemployment rate in December compared with a significant reduction to 9.4%, but still a high level, and when the weekly number of initial claims for unemployment benefits still volatile. This means that the U.S. economy still needs a more robust recovery in order to bring the unemployment rate to achieve sustained, significant recovery.

2011年1月25日星期二

Differentiation trend of the three major U.S. stock index edged down 0.03% Dow

The three major U.S. stock index on January 25 is mixed, the Dow edged down 0.03%, Nasdaq, S & P was up. At the close, the Dow Jones industrial average closed at 11,977.19 points, down 3.33 points, or 0.03%; the Nasdaq composite index closed at 2719.25 points, up 1.70 points, or 0.06%; the S & P 500 index closed at 1291.18 points , up 0.34 points, or 0.03%.
From the disk point of view, technology stocks is mixed, Ericsson closed up 3.92%, Cisco, Intel, Google and other closing rose over 1%. Nokia, Texas Instruments closed down, Yahoo was down 0.44%, the company reported fourth quarter reported a net profit of 312 million, an increase of 104%. Most financial stocks weakened, Goldman Sachs, American Express, Bank of America fell more than 2%, CIGNA, Allstate and other close up.
Message level, the U.S. Conference Board on Tuesday announced that January's consumer confidence index was 60.6 points higher than the market expected. In addition, Standard & Poor's report, in November 2010 across the board decline in U.S. housing prices in major cities, the overall decline than expected.