Skip to main content

Snippets of the day

Hype TV

CNBC is owned by General Electric, a company that seeks to make
profits for its shareholders. CNBC will do whatever they can to
keep their ratings up, which means their coverage will coincide
with the universe of momentum investors. Viewers want to hear
stories about a “hot stock” or “hot sector”, not about the wisdom
of buying distressed assets or keeping money on the sidelines. When
the market happens to be down across all sectors, CNBC and Wall
Street cooperate in promoting a specific industry by informing the
world of various upgrades. When tech runs, the hype machine trots
out biotech. When biotech starts to get choppy, the machine trots
out financials. And on and on it goes.
Dollar and India

As China arrives on the global scene, not dependent on any other
nation, nor controlled by any, it has some basic decisions to make
for its own future. It can bow its head and fit in or develop
pragmatically in the face of a crowded globe. One of the basic
decisions it has to take is, will it accept U.S.$ hegemony? After
all Europe has? Will the other newcomer India accept rule by the
U.S.$?
We believe India will, quite happily, because of its very nature.
India’s government does not have or envisage the same sort of
control over its people or geography as is needed to pose any
threat to the West. It is happy to be a fellow traveler.
ARRRRRGGGGGHHHHHHHHHHH!!!!!!!!
:) Falkor

Comments

Post a Comment

Popular posts from this blog

Cognitive rules of business presentations

In his recent book, Clear and to the Point, Kosslyn explained that the four rules of PowerPoint are: The Goldilocks Rule, The Rudolph Rule, The Rule of Four, and the Birds of a Feather Rule. Here's how they work. The Goldilocks Rule refers to presenting the "just right" amount of data. Never include more information than your audience needs in a visual image. As an example, Kosslyn showed two graphs of real estate prices over time. One included ten different numbers, one for each year. The other included two numbers: a peak price, and the current price. For the purposes of a presentation about today's prices relative to peak price, those numbers were the only ones necessary. The Rudolph Rule refers to simple ways you can make information stand out and guide your audience to important details -- the way Rudolph the reindeer's red nose stood out from the other reindeers' and led them. If you're presenting a piece of relevant data in a list, why not mak...
Post a Comment
Read more

Value of dollar - Part 1

A Simple Perspective Will Do The date is 2000-05-28. Don't you get tired of all the bad news bears reminding you of all these instabilities, excesses, and 'potential' tensions in the global economy? After all, hasn't it always been like that? Yes it has, but not in money it hasn't. Increasingly, investors find it harder to know where to put their savings. What about Government Bonds? Wrong. Their recent record of capital losses have wiped out your guaranteed yields, probably because the stock market keeps crowding them out, and this even in a strong dollar and low inflation environment. Furthermore, there is no reliable liquidity and potentially poor quality debt in the corporate sector. Foreign assets? Wrong. Most of the world's economies are riskier, have been under performing, and also, there is this thing called currency risk. Like how is the average person gonna cope with currency...
Post a Comment
Read more

Depreciation of British Pound 1900-2000

When the Bank of England was formed the powers to create money was finally transferred to private hands. The creation of Fed in US, was just a part of this cycle. Though it is a common knowledge US Dollar has depreciated nearly 100% since the creation of Federal Reserve, the same is the case of all the currencies across the globe. For example, below is the UK Parliament data that highlights the depreciating value of Pound.
2 comments
Read more