Japanese manufacturers bounced back less than expected - exports and production picked up
Alan Hershey
Jul. 1, 2009

The equities market is very forward-looking in anticipating a recovery in the economy, including domestic demand and exorts, but that scenario is dampened or even rejected by the tankan report.

Sentiment among Japanese manufacturers bounced back in June from a historical very low levels as exports and production moved up, but the extent of the improvement was far less than expected. More importantly, the outlook for capital expenditure is conspicuously weak, the Bank of Japan's tankan survey showed Wednesday. The headline diffusion index for large manufacturers rose to minus 48 in June from a record low of minus 58 posted in March.

Japanese manufacturers bounced back less than expected - exports and production picked up
Alan Hershey
The bounde is real. The extent is disappointing. The headline diffusion index for large manufacturers rose to minus 48 in June from a record low of minus 58 posted in March.
READ MORE>>

Why does Sweden, the newly appoinetd holder of European Union’s presidency support the hedge funds and the private equity funds?
Marla Guthrie
Swedish defence of hedge funds and private equity on Wednesday, saying it did not blame them for the financial crisis is not only bizzare but also is damaging to the entire fianncial industry, says some analysts.
READ MORE>>

Crude oil ready to rally back to $90 level with drop in US crude stocks and Chinese manufacturing sector growth prospects
Sam Adelton
The crude oil is in new bull market as part of the cyclic move within a larger secular bear market. The prices can easily rise to $90 level and test the $100 per barrel.
READ MORE>>

A big win for US consumer and civil rights groups against JPMorgan Chase & Co. , Wells Fargo & Co and American Bankers Association
Special Correspondent
New York attorney general, Andrew Cuomo is happy on th ruling and said ‘…it reaffirms the vital role state attorneys general play in protecting consumers from illegal and improper practices by our country’s biggest and most powerful banks.’
READ MORE>>

One of the biggest bear market rally as predicted - best quarterly rally for the Standard & Poor’s 500 Index since 1998
Sam Adelton
The divergence between the Russell 2000 Index and the S&P 500 is noteworthy. It is typical in a bear market rally.
READ MORE>>

Worldwide oil recession deepens: Oil watchdog cuts demand forecasts – a typical syndrome of bear marlet persists
Joe Weinman
Overlooking the long term bear market indicators, the market focused on the short term signals as the same agency upped its forecast for global oil demand for the first time in almost a year.
READ MORE>>

Japan’s industrial output rose for a third month in May – an impressive 5.9% gain
Alan Hershey
While the rise in output is hopeful sign, according to leading economists observing Japanese markets, Japanese economy is yet to see a pickup in final demand, which is crucial for it to sustain a recovery.
READ MORE>>

Evidence of coming bear market in china - 20 percent of the 5.8 trillion yuan loans banks made in the five months invested in stock market
Peter Oberois
These Chinese bank funds and the economic stimulus money helped form a financial bubble, the newspaper cited.
READ MORE>>

MORE ARTICLES >>