SG Live Bet WPL Bet 88
SG Tipster
Page 1 of 2 12 LastLast
Results 1 to 20 of 29

Thread: The USA is Back???

  1. #1
    Join Date
    Jul 2011
    Posts
    6,215
    My Reputation Points: 2046 / Power: 7

    Default The USA is Back???

    Dear Frens, interesting article..and maybe that is why Gold prices are dropping as the USA is getting out or recession and exports are growing,,the bad thing is the Jewish bankers will want to keep the USD low so that it can export more. If China can realign its economy to domestic consumption, than it will be good for global growth..just my rants.

    4 Ways the American Worker Is Back
    By Michael Santoli | Michael Santoli – Fri, Apr 26, 2013 2:38 PM EDT

    America’s workers are shaking off the effects of the Great Recession and beginning to swagger again. While the official unemployment rate remains high, Americans are feeling better about job prospects as the housing recovery, booming car sales and record exports build economic confidence. Here’s why:

    1. Layoffs are dwindling and jobs are becoming easier to find. The number of people filing for unemployment benefits last week fell to the second-lowest level since 2008. The Labor Department reports that 14 Americans voluntarily left a job for another opportunity for every 10 who were laid off or fired – a level of labor-market strength that has returned to 2007 levels. The volume of advertised job openings is up 80% since the depths of the recession in 2009. As a result of this improved demand for workers, more than half of those answering a long-running survey said they believe it would be somewhat or very easy for them to find a new job if necessary.

    2. In 2013, American workers will make more than 15 million new cars for the second straight year, returning auto production to its highest level since 2006. Ford Motor Co. last week reported record profits in North America, where the company’s leading Fusion and Escape models each enjoyed sales growth of 25% from a year earlier. Pent-up demand for cars, with more Americans working and able to afford new wheels, meant that Ford’s average selling price last quarter rose $1,000 to $32,784.

    3. American workers are making more of what the rest of the world wants to buy. While the outsourcing of jobs overseas still gets headlines for politicians, the fact is that U.S. exports of goods and services last year reached a new high of almost $2.2 trillion last year, up 39% from 2009. The number of American jobs supported by exports of everything from wheat to machinery to software rose to 9.8 million last year, according to the Commerce Department, up 15% since 2009.

    4. Before long, American labor will nearly eliminate China’s manufacturing-cost advantage by growing ever more productive and exploiting domestic energy and transportation resources. In a report titled “Made in America, Again,” researchers at the Boston Consulting Group determined that, by 2015, it will be just as economical to manufacture many goods destined for American consumers in the U.S. as producing them in China and shipping them here. This is both due to steady wage gains by Chinese labor and the fact that U.S. workers are so much more productive per hour of work. While total domestic manufacturing employment will never return to mid-20th century heights, expect to hear a lot more about “insourcing” of industrial jobs thanks to America’s burgeoning low-cost natural gas supplies and sophisticated transportation logistics.


    http://finance.yahoo.com/blogs/micha...183838163.html

  2. #2
    Join Date
    Apr 2013
    Posts
    783
    My Reputation Points: 153 / Power: 2

    Default Re: The USA is Back???

    me think so too...The USD is still the number 1 safe haven currency and the backbone of the global economy. 2.5% increase in quarterly GDP is quite good, even if analysts were expecting 3. With the FED talking about exiting QE by the end of the year, we could see a much stronger Dollar in the coming months.

    it seems that the west is selling gold and the east is buying them up. so there is some kind of gold price war going on...
    Last edited by singham; 29-04-2013 at 07:44 AM.
    Singham 译名 雄狮

    又名 The Lion

    简介

    印度村庄 Shivgad 的检察官 Singham 一直以一己之力对抗着当地的黑恶势力,美丽的Kavya也因为他的正义而对他心生好感。然而当 Singham 被提拔来到Goa地区,他发现当地的掌控者 Jaykant 其实是无数犯罪的幕后黑手,在被 Jaykant 严密控制着的 Goa 地区,嫉恶如仇的 Singham 正面临着一生中最大的挑战。

  3. #3
    Join Date
    Oct 2012
    Posts
    691
    My Reputation Points: 554 / Power: 3

    Default Re: The USA is Back???

    USA is in deep shit.

    US workers are more unemployed than what the govt statistics indicate. Even if they are employed, they can never compete with the slave labour from 3rd world countries.

    This article is to con the common men in the street into believing that the US economy is ok and time to get into the stock market.

    When the retail customers get in, the institutional guys will unload on them. The big players are in cohoot with the Federal Reserve to buy up the equities market to con the masses.

    Believe what you read in the internet at your own risk. If you don't do your own analysis, you are not ready to invest or trade.
    kopisai, go give dog fuck !

  4. #4
    Join Date
    Apr 2013
    Posts
    783
    My Reputation Points: 153 / Power: 2

    Default Re: The USA is Back???

    yups, everything take with a pinch of salt...
    Singham 译名 雄狮

    又名 The Lion

    简介

    印度村庄 Shivgad 的检察官 Singham 一直以一己之力对抗着当地的黑恶势力,美丽的Kavya也因为他的正义而对他心生好感。然而当 Singham 被提拔来到Goa地区,他发现当地的掌控者 Jaykant 其实是无数犯罪的幕后黑手,在被 Jaykant 严密控制着的 Goa 地区,嫉恶如仇的 Singham 正面临着一生中最大的挑战。

  5. #5
    Join Date
    Jul 2011
    Posts
    6,215
    My Reputation Points: 2046 / Power: 7

    Default Re: The USA is Back???

    Well the USA has been down for years,..i doubt it can get any worse. I just hope the world economy takes a better turn..damn sian with all the bad news for years.

  6. #6
    Join Date
    Aug 2008
    Posts
    2,055
    My Reputation Points: 396 / Power: 6

    Default Re: The USA is Back???

    Even though US economy is not what it use to be, an American can still afford a house with a median salary. China and India as a cuntry is doing well not so much their people. Same same as peesai...Look good on paper only also not much use for ordinary folks.

  7. #7
    Join Date
    Aug 2012
    Posts
    1,618
    My Reputation Points: -16 / Power: 0

    Default Re: The USA is Back???


  8. #8
    Join Date
    Jul 2008
    Posts
    9,234
    My Reputation Points: 2692 / Power: 11

    Default Re: The USA is Back???

    today is the 1st time in 6 years that the u.s. treasury is paying down debt.
    "spot on" is the popular phrase of the sinkie civil service cocksuckers' club.

  9. #9
    Join Date
    Feb 2013
    Posts
    387
    My Reputation Points: 5485 / Power: 12

    Default Re: The USA is Back???

    Quote Originally Posted by eatshitndie View Post
    today is the 1st time in 6 years that the u.s. treasury is paying down debt.
    Is this good or bad? Can elaborate more? Layman here interested what you mentioned.

  10. #10
    Join Date
    Jul 2008
    Posts
    1,010
    My Reputation Points: 258 / Power: 6

    Default Re: The USA is Back???

    Thanks to Barrack Hussein Obama, the US is so heavily in debt that the USD may well lose its position as a reserve currency. When that happens, the USA will collaspe.

    No point saying your monthly salary has increased to $10,000 when you owe billions of dollars that will take you several lifetimes to repay.

  11. #11
    Join Date
    Jul 2008
    Posts
    9,234
    My Reputation Points: 2692 / Power: 11

    Default Re: The USA is Back???

    Quote Originally Posted by OldFart View Post
    Is this good or bad? Can elaborate more? Layman here interested what you mentioned.
    paying down debt is good. it means a few things: gov spending is lower than expected leading to budget underspend or better still, surplus; gov is finally facing its worst long term nemesis, growing debt which will incur higher interest payments. by paying down debt, expenses on interest payments going forward should decrease, leading to a healthier budget balance.
    "spot on" is the popular phrase of the sinkie civil service cocksuckers' club.

  12. #12
    Join Date
    May 2011
    Location
    on AK's head
    Posts
    13,055
    My Reputation Points: 6907 / Power: 17

    Default Re: The USA is Back???

    thanks for enlightening oldfart over there and youngfart here. I will tell your landlady you've been most helpful.



    Quote Originally Posted by eatshitndie View Post
    paying down debt is good. it means a few things: gov spending is lower than expected leading to budget underspend or better still, surplus; gov is finally facing its worst long term nemesis, growing debt which will incur higher interest payments. by paying down debt, expenses on interest payments going forward should decrease, leading to a healthier budget balance.
    It’s easy to sit up and take notice. What’s hard is getting up and taking action.

  13. #13
    Join Date
    Jun 2012
    Location
    HCMC
    Posts
    511
    My Reputation Points: 12 / Power: 0

    Default Re: The USA is Back???

    Quote Originally Posted by singham View Post
    me think so too...The USD is still the number 1 safe haven currency and the backbone of the global economy. 2.5% increase in quarterly GDP is quite good, even if analysts were expecting 3. With the FED talking about exiting QE by the end of the year, we could see a much stronger Dollar in the coming months.

    it seems that the west is selling gold and the east is buying them up. so there is some kind of gold price war going on...
    Not quite. The USD is falling viz-a-viz the EURO for example.

  14. #14
    Join Date
    Jul 2011
    Posts
    6,215
    My Reputation Points: 2046 / Power: 7

    Default Re: The USA is Back???

    http://finance.yahoo.com/news/no-end...040556215.html


    Fed sticks to stimulus plan, worried about fiscal drag

    By Pedro da Costa and Alister Bull

    WASHINGTON (Reuters) - The Federal Reserve stuck to its plan to buy $85 billion in bonds each month to push down borrowing costs and prop up the economy, citing risks to growth from recent budget tightening in Washington.

    Describing the economy as expanding moderately in a statement that largely mirrored its March decision, Fed officials cited continued improvement in labor market conditions.

    But they reiterated that unemployment is still too high for policymakers' comfort, reinforcing their desire to keep buying assets until the outlook for jobs improves substantially.

    "Fiscal policy is restraining economic growth," the Fed said in its policy statement. "The Committee is prepared to increase or reduce the pace of its purchases to maintain appropriate policy accommodation."

    Kansas City Fed President Esther George again dissented against the Fed's support for growth, due to concerns about financial imbalances and long-term inflation expectations.

    Until recently, analysts had expected the Fed to buy a total of $1 trillion in Treasury and mortgage-backed securities during its ongoing third round of quantitative easing, known as QE3, with the Fed starting to take its foot off the accelerator in the second half of the year.

    Now, things are looking a bit more shaky.

    "Expectations for tapering off of the Fed's outcome-based purchases have been pushed back due to recent softening in the economic data," according to a statement from the private sector Treasury Borrowing Advisory Committee released on Wednesday.

    Economic growth rebounded in the first quarter after a dismal end to 2012, but the 2.5 percent annual rate of expansion fell short of economists' estimates, and forecasters are already penciling in a weaker second quarter.

    The housing market continues to show signs of strength, with home prices posting their biggest yearly gain since 2006, the year the market began a historic slide that snowballed into a global financial crisis.

    However, the industrial sector is not quite as perky, with a report on Wednesday showing national factory activity barely grew in April.

    And the job market, the focus of much of the Fed's efforts, remains sickly. U.S. employers added only 88,000 workers to their payrolls in March and data on Wednesday suggested continued weakness in private-sector employment.

    At the same time, inflation has steadily been coming down. The Fed's preferred measure of core inflation, which excludes more volatile food and energy costs, rose just 1.1 percent in the year to March. Overall inflation was up just 1 percent, the smallest gain in 3-1/2 years.

    The Fed targets inflation of 2 percent.

    CHECKING THE TOOLKIT

    In response to a deep financial crisis and recession, the Fed cut overnight interest rates to effectively zero in late 2008. It has also bought over $2.5 trillion in assets, more than tripling its balance sheet, to keep long-term rates low.

    If the economy's fortunes do not improve, the central bank may well look for fresh ways to boost its support to the economy, and increasing the amount of assets it is buying is just one option.

    The Fed could announce an intent to hold the bonds it has bought until maturity instead of selling them when the time comes to tighten monetary policy. Fed Chairman Ben Bernanke has already raised this as a possibility.

    Policymakers could also set a lower unemployment threshold to signal when the time might be ripe to finally raise rates. Currently, the threshold stands at 6.5 percent, provided inflation does not threaten to breach 2.5 percent.

    Research suggests such "forward guidance" about the future path of interest rates can have a strong impact on current borrowing costs, and one Fed official - Narayana Kocherlakota, president of the Minneapolis Federal Reserve Bank - has already suggested lowering the threshold to give the economy a boost.

    (Additional reporting by Alister Bull; Editing by Tim Ahmann and Andrea Ricci)

  15. #15
    Join Date
    Apr 2013
    Posts
    783
    My Reputation Points: 153 / Power: 2

    Default Re: The USA is Back???

    it seems that they are competing to see who fare worse..

    Quote Originally Posted by Reddog View Post
    Not quite. The USD is falling viz-a-viz the EURO for example.
    Singham 译名 雄狮

    又名 The Lion

    简介

    印度村庄 Shivgad 的检察官 Singham 一直以一己之力对抗着当地的黑恶势力,美丽的Kavya也因为他的正义而对他心生好感。然而当 Singham 被提拔来到Goa地区,他发现当地的掌控者 Jaykant 其实是无数犯罪的幕后黑手,在被 Jaykant 严密控制着的 Goa 地区,嫉恶如仇的 Singham 正面临着一生中最大的挑战。

  16. #16
    Join Date
    Jul 2011
    Posts
    6,215
    My Reputation Points: 2046 / Power: 7

    Default Re: The USA is Back???

    http://finance.yahoo.com/news/fed-ke...190826075.html

    Fed keeps stimulus, says taxes and cuts have hurt
    Associated PressBy MARTIN CRUTSINGER | Associated Press – 37 minutes ago



    WASHINGTON (AP) — The Federal Reserve cautioned America's political leaders Wednesday that their policies are hurting the economy.

    The Fed stood by its aggressive efforts to stimulate the economy and reduce unemployment. But it sent its clearest signal to date that tax increases and spending cuts that kicked in this year are slowing the economy.

    "Fiscal policy is restraining economic growth," the Fed said in a statement after a two-day policy meeting.

    The Fed maintained its plan to keep short-term interest rates at record lows at least until unemployment falls to 6.5 percent from its current 7.6 percent. And it said it will continue to buy $85 billion a month in Treasury and mortgage bonds. The bond purchases are intended to keep long-term borrowing costs down and encourage borrowing and spending.

    The minutes of the previous policy meeting in March showed that many Fed officials were open to reducing the bond purchases before year's end, so long as the economy improved. But Wednesday's statement indicated that Fed officials are also open to expanding the bond buying if the economy needs it.

    The Fed's statement signaled its concern about a Social Security tax increase, which took effect Jan. 1, and deep government spending cuts, which began taking effect March 1. The across-the-board spending cuts took effect automatically after Congress failed to reach a budget deal.

    Joel Naroff, chief economist at Naroff Economic Advisors, said he viewed the Fed's more forceful remarks on the issue as criticism of Congress' fiscal policies.

    "The Fed noted that the private economy is pushing ahead, but it is the government that is putting roadblocks in the way," Naroff said. "That was as clear a shot at Congress as I have seen the Fed take."

    Democrats in Congress generally agreed with the Fed's criticism while Republicans took exception.

    "Jobs and economic growth should be our top priority right now, which is exactly why we need to replace the irresponsible across-the-board cuts from sequestration with pro-growth and sustainable fiscal policies," said Senate Budget Committee Chairman Patty Murray, D-Wash.

    But House Financial Services Committee Chairman Jeb Hensarling said that the Fed's easy money policies had not helped the economy. "America is nearly five years into the Fed's historically unprecedented interventionist policies and there is very little gain to show for it," said Hensarling, R-Texas.

    Paul Edelstein, director of financial economics at IHS Global Insight, said the Fed's point that fiscal policy is restraining the economy was a reminder to investors "that flexibility runs in both directions."

    "If conditions deteriorate, the Fed will do more," Edelstein said.

    Two years ago, Chairman Ben Bernanke argued at a Fed conference in Jackson Hole, Wyo., that Congress should do more to stimulate hiring and growth. Since then, Congress hasn't joined the Fed in trying to stimulate growth. Instead, congressional leaders have focused on deficit reduction and allowed tax increases and spending cuts to take effect.

    In its statement Wednesday, the Fed made clear that it could increase or decrease its bond purchases depending on the performance of the job market and inflation.

    David Jones, chief economist at DMJ Advisors, said that in saying it could increase or decrease its bond purchases, the Fed wants to show flexibility: It's ready to respond, whether the economy improves or weakens significantly.

    "I think the Fed is in a wait-and-see mode, like the rest of us," Jones said.

    Jones said he expects no change in the level of bond purchases until September or later. The Fed wants time to see whether the economy can grow fast enough to drive sustained improvement in the job market, he said.

    The Fed's statement appeared to cause little response in the stock market, which fell sharply on signs of a slowdown in hiring and manufacturing and weak earnings reports from some major companies. The Dow Jones industrial average sank 138 points, or nearly 1 percent.

    Debate among Fed policymakers at their previous meeting in March had led some economists to speculate that the Fed might scale back its bond purchases if job growth accelerated.

    But several reports in recent weeks have suggested that the economy might be weakening. Employers added only 88,000 jobs in March, far fewer than the 220,000 averaged in the previous four months. On Friday, economists expect the government to report that employers added about 160,000 jobs in April.

    And the economy grew at an annual rate of 2.5 percent in the January-March quarter — a decent growth rate but one that's expected to weaken in coming months because of the higher Social Security taxes and federal spending cuts.

    At the same time, consumer inflation as measured by the gauge the Fed most closely monitors remains well below its 2 percent target. That gauge rose just 1 percent in the 12 months that ended in March. Low inflation gives the Fed room to keep interest rates low without igniting price increases.

    When prices fall too low, though, they raise the risk of deflation — a prolonged drop in wages, prices and the value of assets like stocks and houses. The United States last suffered serious deflation during the Great Depression of the 1930s. Fed policymakers worry about possible deflation any time inflation dips below 2 percent.

    The Fed's efforts to drive down unemployment and raise inflation to its target rate mean it isn't meeting either of its dual mandates: to maximize employment and maintain price stability. That makes it more likely that the Fed will maintain its current level of bond purchases until the end of the year or later.

    "We expect the Fed will maintain the current purchase pace into early 2014, then taper gradually," Michael Hanson, a senior economist, wrote in a report for BofA Merrill Lynch Global Research.

    The Fed has been joined by other major central banks in seeking to strengthen growth and reduce high unemployment.

    The European Central Bank could cut its benchmark lending rate from a record low of 0.75 as soon as Thursday because the euro area's economy remains stagnant.

    Unemployment for the eurozone is 12.1 percent. And the ECB predicts that the euro economy will shrink 0.5 percent in 2013.

    Japan's central bank has acted to flood its financial system with more money to try to raise consumer prices, encourage borrowing and help pull the world's third-largest economy out of a prolonged slump. Economists say Japanese consumers will spend more if they know prices are going to rise.

    The Bank of Japan has kept its benchmark rate between 0 and 0.1 percent to try to stimulate borrowing and spending.

    The Fed's action Wednesday was supported on an 11-1 vote. Esther George, president of the Kansas City regional Fed bank, dissented for a third straight meeting. The statement said George remained concern that the Fed's aggressive stimulus could heighten the risk of inflation and financial instability.

    ___

    Associated Press reporter Alan Fram contributed to this report.

  17. #17
    Join Date
    Apr 2013
    Posts
    783
    My Reputation Points: 153 / Power: 2

    Default Re: The USA is Back???

    chao kuniang eh!!! http://www.bloomberg.com/news/2013-0...wth-slows.html

    The Fed will maintain its bond buying at a pace of $85 billion a month, the Federal Open Market Committee said at the conclusion of a two-day meeting in Washington yesterday. It left unchanged its statement that it plans to hold its target interest rate near zero as long as unemployment remains above 6.5 percent and the outlook for inflation doesn’t exceed 2.5 percent.

    Reports yesterday showed U.S. companies added fewer workers than forecast in April and the Institute for Supply Management’s factory index fell to 50.7 in April from 51.3 in March. The Labor Department publishes its jobs and unemployment report on May 3. It may show combined payrolls for companies and government agencies increased by 148,000 workers in April after rising 88,000 in March, according to a survey of economists by Bloomberg.
    Singham 译名 雄狮

    又名 The Lion

    简介

    印度村庄 Shivgad 的检察官 Singham 一直以一己之力对抗着当地的黑恶势力,美丽的Kavya也因为他的正义而对他心生好感。然而当 Singham 被提拔来到Goa地区,他发现当地的掌控者 Jaykant 其实是无数犯罪的幕后黑手,在被 Jaykant 严密控制着的 Goa 地区,嫉恶如仇的 Singham 正面临着一生中最大的挑战。

  18. #18
    Join Date
    Aug 2008
    Location
    Disneyland
    Posts
    14,528
    My Reputation Points: 1617 / Power: 10

    Default Re: The USA is Back???

    Quote Originally Posted by rodent2005 View Post
    Thanks to Barrack Hussein Obama, the US is so heavily in debt that the USD may well lose its position as a reserve currency. When that happens, the USA will collaspe.

    No point saying your monthly salary has increased to $10,000 when you owe billions of dollars that will take you several lifetimes to repay.

    Obama inherited a mess. The US mught be poorer but at least a global financial collapse was avaerted. Unfortunately many who were responsible for the mess were not held accountable.

    During the crisis there was alot of fear. I remember that I couldn't sell any of my Malaysian shares . The stock market froze because everyone wanted to hang on to their cash. Even the Spore gov't had to guarantee 100% of the funds in Spore banks to prevent a run on the banks. It was that bad.

    Many americans think that Obama is a better president than Bush Jr & that's why many turned to a democrate and voted for the FIRST black president.

  19. #19
    Join Date
    Aug 2008
    Location
    Disneyland
    Posts
    14,528
    My Reputation Points: 1617 / Power: 10

    Default Re: The USA is Back???

    Quote Originally Posted by singham View Post
    Reports yesterday showed U.S. companies added fewer workers than forecast in April and the Institute for Supply Management’s factory index fell to 50.7 in April from 51.3 in March. The Labor Department publishes its jobs and unemployment report on May 3. It may show combined payrolls for companies and government agencies increased by 148,000 workers in April after rising 88,000 in March, according to a survey of economists by Bloomberg.
    I believe that for this period there was plenty of uncertainty caused by the impasse between the Democrates & Conservatives. Many companies held off on hiring because of the uncertainty that was caused.

  20. #20
    Join Date
    Jan 2010
    Posts
    2,605
    My Reputation Points: 314 / Power: 5

    Default Re: The USA is Back???

    The great game changer is shale oil. Around 2008, a genius developed a new fracking technology to unlock previously untappable oil reserves in the US. There was initial skepticism as to whether it will wor. Five years on, the technology has proven itself. The US is now awash in so much oil that the domestic WTI trades at a hefty $10 to $15 discount to the global Brent crude. The US is conservatively estimated to have more crude that Saudi Arabia and can become an oil exporter in under 10 years if it so choses. The ramifications of this are so great that few people truly understand what it means. The markets are only begining to price this in which is why US equity markets are rallying to the moon. With the royalties and taxes from the oil wealth, the US is going to be able to get out of debt. It will also likely withdraw from the Middle East and instead focus on containing China.
    Sincere advice to PM Lee - You need to heal the PAP. The only way you can do this is announce your retirement and pave the way for a new leader to take your place.

Similar Threads

  1. PRC Bus Drivers Just Back Back Home - No Regrets
    By scroobal in forum The Courtyard Café
    Replies: 48
    Last Post: 01-05-2013, 09:18 AM
  2. Dr Khaw..Let's Recreate Back The Kampong Spirit N "Luv Thy Neighbour",Thing Back!
    By ecclesiastes the teacher in forum The Courtyard Café
    Replies: 0
    Last Post: 18-05-2012, 04:15 AM
  3. Former SS leader come back and get jail for killing man back in 1999
    By Rogue Trader in forum The Courtyard Café
    Replies: 8
    Last Post: 12-04-2012, 02:36 PM
  4. Replies: 51
    Last Post: 22-03-2009, 09:04 AM
  5. Dow back up, STI back up, damn....
    By downgrader in forum The Courtyard Café
    Replies: 3
    Last Post: 19-09-2008, 08:04 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •