They say it takes three to Tango on Wall Street...and so I will take the third leg just to make it interesting!
Gold- as the commodities bubble is struggling to go anywhere(the industrial ones) ..it is easy to move gold with very little capital...even at a much higher level it should have very little effect on the recovery
As Euro keeps trending lower the debt financing for US is well on track and another month like this and US is safe for another couple of years..the sideshow of Greece, Spain and the likes will never enter the main street in Europe...In US after neutralising Wall Street the White House will break the fixed income players rein on the currency and commodity market making it difficult for non-economic capital to influence policy makers and disrupt globalization..
UK - with the Government effectively reporting to the Queen...a political disruption will have no impact unless the common go against Her Majesty
Which is still far away..and more over other than benefiting from the Keynesian control of the global monetary system, which they will continue to benefit for some more time and save the Palace economically....they have very little to contribute to the global economy!
China - as it prepares to manage currency ...Japan will grow and help the global economy and start to recover from its 20 years of lost glory...
India will continue to prosper at the expense of China as it continues to balance its domestic priorities with export needs. India will falter if the Gandhi (actually The Nehru) family takes over the Power posts after leaving it to non controversial party members for so long.
With dollar strengthening Middle East will start contributing to the global economy in a more meaningful way. Russia will emerge out stronger as its ambition to rebuild USSR will become a reality with the faltering Europe supporting Putin's dream.
As the Policy makers and Politicians gain control over money managers and corporate governance - capitalism may take a new meaning while economy will continue to recover with global imbalances reaching a manageable level in the next decade!
With more and more Swans getting black and easy to manipulate the market gyrations with very limited capital....it will give way to some other esoteric title making a millionaire out of some other theorist!!
Thursday, May 13, 2010
Monday, May 10, 2010
The Forbidden Apple!
Atleast for me, said my Brain to my Heart as I walked out of the famed Palo Alto Apple shop!
After resisting the initial urge to taste Apple during the iPad Wi-Fi Lollapalooza - and staying away from the Hit buttons on a couple of times while thumbing through them in the On-line store, decided to walk into the Great Apple Mecca this week-end!
Saturday Morning walking on University Ave - sharing the Pavement to those Walking their Bi-cycles with a white Cord dangling around their neck and stepping around those walk-way cafeteria crowds glued to their cappuccino and their White Macs - was an experience by itself!
A block away and I was already sweating and excited at the thought of Walking in and buying an Apple -iPad - finally!
Stepping in- there were an equal number of Blue Shirt Apple carded people as there were MacHeads- or is it PadHeads?
As I was getting lost in my decisions a friendly Blue shirt stepped closer and offered help- A bit shy, may be like that PC guy, pulled out my sheet - proud for coming prepared, and rattled all my questions....
One by one she answered proudly and at times brought in an expert to clarify more in-depth questions!
When I asked about configuration on the iPads for ordering - she said - 'Oh we are sold out and you can however reserve at no cost' and they will call when it arrived!!!!
Disappointed , my impulsive side of the brain , needed a few more apps related questions answered, obviously comparing it to my PC soul - and came a bit short on satisfaction - as she said to look at those thousands of third party Apps available to serve my needs!
PC in me was quick to hah-ha and said Not soo soon Steve! and walked out of the Apple store - not succumbing to his Magic- as I breathed Olive oil and Dark beer floating from the joint next door!
Back home - my kids shaking and twisting their i-Whatevers and screaming (the happy kind) in the backdrop- as I open my Laptop, came running only to go back quickly to their i-Screaming on hearing my disappointed visit to Palo Alto!
Browsing through a few sites - on iPad Apps - was surprisingly shocked at their creative offerings and how innovative their approaches to using technology from Apple were! And as I saw Mr O - a Berryhead , a first in the Whitehouse, slap those i-whoevers during a University Address- it slowly dawned on me for thinking so PC like!
The slowing mind stared at the power of i-Everything and the Power of Jobs!
Decided to break the barrier and take a bite at that forbidden Apple - well i-Whenever it is available!
After resisting the initial urge to taste Apple during the iPad Wi-Fi Lollapalooza - and staying away from the Hit buttons on a couple of times while thumbing through them in the On-line store, decided to walk into the Great Apple Mecca this week-end!
Saturday Morning walking on University Ave - sharing the Pavement to those Walking their Bi-cycles with a white Cord dangling around their neck and stepping around those walk-way cafeteria crowds glued to their cappuccino and their White Macs - was an experience by itself!
A block away and I was already sweating and excited at the thought of Walking in and buying an Apple -iPad - finally!
Stepping in- there were an equal number of Blue Shirt Apple carded people as there were MacHeads- or is it PadHeads?
As I was getting lost in my decisions a friendly Blue shirt stepped closer and offered help- A bit shy, may be like that PC guy, pulled out my sheet - proud for coming prepared, and rattled all my questions....
One by one she answered proudly and at times brought in an expert to clarify more in-depth questions!
When I asked about configuration on the iPads for ordering - she said - 'Oh we are sold out and you can however reserve at no cost' and they will call when it arrived!!!!
Disappointed , my impulsive side of the brain , needed a few more apps related questions answered, obviously comparing it to my PC soul - and came a bit short on satisfaction - as she said to look at those thousands of third party Apps available to serve my needs!
PC in me was quick to hah-ha and said Not soo soon Steve! and walked out of the Apple store - not succumbing to his Magic- as I breathed Olive oil and Dark beer floating from the joint next door!
Back home - my kids shaking and twisting their i-Whatevers and screaming (the happy kind) in the backdrop- as I open my Laptop, came running only to go back quickly to their i-Screaming on hearing my disappointed visit to Palo Alto!
Browsing through a few sites - on iPad Apps - was surprisingly shocked at their creative offerings and how innovative their approaches to using technology from Apple were! And as I saw Mr O - a Berryhead , a first in the Whitehouse, slap those i-whoevers during a University Address- it slowly dawned on me for thinking so PC like!
The slowing mind stared at the power of i-Everything and the Power of Jobs!
Decided to break the barrier and take a bite at that forbidden Apple - well i-Whenever it is available!
Sunday, May 9, 2010
7 Reasons Why this is only a Correction!
Cramer and the likes have turned bearish very early to avoid missing the train!
Apple's market capitalization is still far from 500 billion!
PIMCO and the ever popular Mr Gross started loading up on long end US Bonds running against his mouth!
One more push and Euro will break:Bond Makers cannot afford a broken Euro and hence will support the currency!
German Election though against Merkel - it is over! The english Tea Break for election is over too! With Elections over Mr Trichet and ECB will wake up!
WhiteHouse has wallstreet execs on a leash (along with Auto, Healthcare, Defense..that's about 60 percent of GDP)!
And the the most important. Reason is:
World cup soccer just a month away!
Apple's market capitalization is still far from 500 billion!
PIMCO and the ever popular Mr Gross started loading up on long end US Bonds running against his mouth!
One more push and Euro will break:Bond Makers cannot afford a broken Euro and hence will support the currency!
German Election though against Merkel - it is over! The english Tea Break for election is over too! With Elections over Mr Trichet and ECB will wake up!
WhiteHouse has wallstreet execs on a leash (along with Auto, Healthcare, Defense..that's about 60 percent of GDP)!
And the the most important. Reason is:
World cup soccer just a month away!
Wednesday, May 5, 2010
78 Billion and more to come...!
Aided by the Greek riots?
German Election?
And the English uncertainity?
As the riots in Greece gets mindshare of the media- and the Chinese celebration on the largest and most extravgant Expo gets underway....the Global market spirals downward! Looks like the last time the Chinese had this celebration - the Olympics ....the beginning of the Financial Whatever wass underway with the Russians marching into Georgia!
The smart and slowly healing American economy- while perplexed at the possible Olympic Proportion of teh Euro crisis - US government papers are selling like hot cakes...as $78 Billion of those are hittig hte market jut in time to capitalize the situation!
Will this weekend see a possible end to the European melae with the Germans and Brits winding down their political change over or just enter another week-end negotiations in Europe escalating the chaos to another level?
Another month of similar uncertainity to the unity in Europe will seal the deal for the Fed and Treasury as they accelerate their Trillion dollar endeveaour!
German Election?
And the English uncertainity?
As the riots in Greece gets mindshare of the media- and the Chinese celebration on the largest and most extravgant Expo gets underway....the Global market spirals downward! Looks like the last time the Chinese had this celebration - the Olympics ....the beginning of the Financial Whatever wass underway with the Russians marching into Georgia!
The smart and slowly healing American economy- while perplexed at the possible Olympic Proportion of teh Euro crisis - US government papers are selling like hot cakes...as $78 Billion of those are hittig hte market jut in time to capitalize the situation!
Will this weekend see a possible end to the European melae with the Germans and Brits winding down their political change over or just enter another week-end negotiations in Europe escalating the chaos to another level?
Another month of similar uncertainity to the unity in Europe will seal the deal for the Fed and Treasury as they accelerate their Trillion dollar endeveaour!
Tuesday, May 4, 2010
Confrontational or Opportunistic?
Moving slowly away from a Financial Whatever into an era of confrontational Policy makers globally seems to be gripping the financial markets - as the politicians look for the next opportunistic kill!
Yes from White House to the Jail House in Down Under - it appears the strong arming tactics is being overlooked- at least amongst the media and the common!
Yes From Angela Merkel to Hu else in Asia - seems to be enjoying the uncertainty offered in a platter by the Media and the financial market!
Yes From Blankenfein to Mr Howard is scrambling to polish their manners and PR effort to stay below the radar!
Yes From Nancy Pelocy to Mr Shelby - there doesn't seem to be a strong original feeling that lasts for more than a week or so!
Yes from Trash talking Whitman to smooth talking Chris every one seems to be waging the populist war to grab power!
Taxing the people and penalising the corporation - whether in the form of resource penalty or to plug the whole in the Ocean is enjoying an easy passage!
Is this the beginning of Change that will lead to a new form of global governance?
And pave the way for a New medium of transaction?
Yes from White House to the Jail House in Down Under - it appears the strong arming tactics is being overlooked- at least amongst the media and the common!
Yes From Angela Merkel to Hu else in Asia - seems to be enjoying the uncertainty offered in a platter by the Media and the financial market!
Yes From Blankenfein to Mr Howard is scrambling to polish their manners and PR effort to stay below the radar!
Yes From Nancy Pelocy to Mr Shelby - there doesn't seem to be a strong original feeling that lasts for more than a week or so!
Yes from Trash talking Whitman to smooth talking Chris every one seems to be waging the populist war to grab power!
Taxing the people and penalising the corporation - whether in the form of resource penalty or to plug the whole in the Ocean is enjoying an easy passage!
Is this the beginning of Change that will lead to a new form of global governance?
And pave the way for a New medium of transaction?
Saturday, May 1, 2010
Mr Whitacre...Please slow down!
It is not surprising to see the turn around of General Motors under the new chiew.
It is not surprising to see GM gaining ground with the consumers!
It is not surprising to see GM give back some money lent back to the Government!
It is not surprising to see Mr Whitacre crowing his accomplishment in such a short period!
But..But..
Seeing the recent commercial of General Motors talking about giving back all the money lent to it....by Mr Whitacre?
Yes it is good to gain market share..but seems to be a stretch to the truth!
What was wiped out was not just the shareholders but sidestepping the bankruptcy laws! Yes it was the right thing to do during the Financial Whatever ...but GM's problem was not the result of the Financial whatever..it has been in the making for a couple of decades of Detroit Management style!
A little bit modesty by GM in this tough times will go a long way for Mr Whitacre and GM!
Yes - in this column we have talked so high of GM's cars and Mr Whitacre and we are extremely positive about the GM's future- and we also feel its only a few years away for GM to re-establish its leadership position..!
However it will be nice for GM's management to be a little polite and stick to just what they do best - CARS!
It is not surprising to see GM gaining ground with the consumers!
It is not surprising to see GM give back some money lent back to the Government!
It is not surprising to see Mr Whitacre crowing his accomplishment in such a short period!
But..But..
Seeing the recent commercial of General Motors talking about giving back all the money lent to it....by Mr Whitacre?
Yes it is good to gain market share..but seems to be a stretch to the truth!
What was wiped out was not just the shareholders but sidestepping the bankruptcy laws! Yes it was the right thing to do during the Financial Whatever ...but GM's problem was not the result of the Financial whatever..it has been in the making for a couple of decades of Detroit Management style!
A little bit modesty by GM in this tough times will go a long way for Mr Whitacre and GM!
Yes - in this column we have talked so high of GM's cars and Mr Whitacre and we are extremely positive about the GM's future- and we also feel its only a few years away for GM to re-establish its leadership position..!
However it will be nice for GM's management to be a little polite and stick to just what they do best - CARS!
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