Hurricane IKE is coming
I= 9th alphabet
K= 11th
E = 5th hurricance of this season which is IKE, or worst still Category 5.
Think all the oil rigs in Gulf would be wiped off the ocean with a category 5 hurricane.
Now Cheney is confirming Georgia joining NATO. There is not much time left for Russia, Saakhasvilli has to be taken out soon.
IF Saakhashvilli launch an attack to retake South Ossetia, NATO would be behind him.
Currently there are 3 US ships, and 8 others European ships in Blacksea.
Possibly US special forces are deployed around Tbilishi now and taking up OP forward.
The Seismology community in China is rumoured that there would be another major earthquake in Tibet.
Today all Asia markets slide, just short of plunge.
North Korea is said to be rebuilding its nuclear facility.
http://english.aljazeera.net/news/asia-pacific/2008/09/20089421923531167.html
there are too much headwind in Asia now, Thailand and Malaysia with politcal turmoil. Korea currency in crisis. Japan premiership in trouble.
Now just waiting for others: Taiwan, Indonesia, Singapore, Philippine to show up.
The NFP coming Friday should be the turning point.
Thursday, September 4, 2008
Monday, September 1, 2008
1 Sep Russia, Equities, GBP, Euro, USD.
last yr on Labour Day, trader push USD lower, now this yr, traders push Euro lower. Europe is in peril, b'cos of its tension with Russia. And this is going to be a slow boil. Now media focusing attention on German banks, which hardly derserve a mention.
GBP is weakening at a accelerating rate, b'cos of the usual conspiracy theory of UK joining Euroland eventually. Until then, we see a chance of Euro recovering.
Eventually I do not rule out 1.3000 (reachable next yr). then another bout of USD weakness towards 1.7000, that would be 2-3 yrs away.
With the GBP at record low, UK banks would soon be victims of takeover. That would include imperial brand names like HSBC, Barclays.
The is nothing good with USD, it is a promiscous currency. As the saying goes, every prostitute has her day.
Euro would soon be decimated when its bowing to Russia clutch on its oil supply, and growing Russian infludence in Ukraine, Czech, Georgia, etc.
Ever since Condi, a Russian expert herself, took over as Secretary of State, there has been a stealth plan to diminish Russian influence on its neighbours, and circle Russia with US forces. Iran problem was sort of a decoy to absorb Russia and China.
Just before Bush term ends, all the efforts are now going to nought. With North Korea stopping its denuclearisation. Iran nows seem bolder and going to side with Russia. China prefer to be ambivalent.
As for World Equities, we are into new era, a confirmed bear market with countertrend rallies here and there. When the last drop of liquidity on the sidelines is exhausted, and when SWF has exhausted their funds with averaging, then we would reach a bottom. Obviously, by that standard, we are far from a botton.
GBP is weakening at a accelerating rate, b'cos of the usual conspiracy theory of UK joining Euroland eventually. Until then, we see a chance of Euro recovering.
Eventually I do not rule out 1.3000 (reachable next yr). then another bout of USD weakness towards 1.7000, that would be 2-3 yrs away.
With the GBP at record low, UK banks would soon be victims of takeover. That would include imperial brand names like HSBC, Barclays.
The is nothing good with USD, it is a promiscous currency. As the saying goes, every prostitute has her day.
Euro would soon be decimated when its bowing to Russia clutch on its oil supply, and growing Russian infludence in Ukraine, Czech, Georgia, etc.
Ever since Condi, a Russian expert herself, took over as Secretary of State, there has been a stealth plan to diminish Russian influence on its neighbours, and circle Russia with US forces. Iran problem was sort of a decoy to absorb Russia and China.
Just before Bush term ends, all the efforts are now going to nought. With North Korea stopping its denuclearisation. Iran nows seem bolder and going to side with Russia. China prefer to be ambivalent.
As for World Equities, we are into new era, a confirmed bear market with countertrend rallies here and there. When the last drop of liquidity on the sidelines is exhausted, and when SWF has exhausted their funds with averaging, then we would reach a bottom. Obviously, by that standard, we are far from a botton.
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