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dan bell should do a deed poll and change his name to "dumb bell."
Chitchat Apple won't create many jobs in US
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dan bell should do a deed poll and change his name to "dumb bell."
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after profit taking in the week between christmas and new year's, the stock market is up again. at one time this morning dow was trading up at 69.69.
on another note, ford cancels plans for usd1.6b plant in mexico this morning and will spend usd700m on a michigan factory to expand production of electric and hybrid vehicles instead.
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You wanna make big money ...short the market ...Trump's buddies are already out of the market, having raked in the billions. In a few months, the institutional investors will run too, realizing that Trump's policies won't promote growth. The problem is that the middle class don't have the dough to spend while the rich is reaping lots. Consumption is down.
So, Ford is cutting back on investment ...from USD1.6 billion to USD700 million. Shows how optimistic Ford is in the US market.
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Indeed. These will be good jobs that Americans aspire to do. Libtards simply do not understand the economy.
Rightards are dumb! The obvious irony of Trump's promise and you still don't get it. The people who needs the jobs don't have the skills for these kinds of jobs. Trump promised them jobs which they can be get into.
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Separation of powers won't be able to hold him back. The Republican-controlled Congress won't dare to challenge him because Trump has a mob all ready to run them down. The Supreme Court will be pro Trump. So, who can control Trump? Only a rebelling American people can do it.
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why invest more than double in mexico on a brand new plant to produce the same old gas guzzling conventional vehicles when they can produce more state of the art new vehicles using electric motors and hybrid engines in a domestic factory for a fraction of the cost? the increase in production is targeting the u.s. market, and buyers in the u.s. afterall are switching to electric and hybrid vehicles. it's a no brainer.
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Gosh, you forgot that the rightards were the ones who wanted to police the world?
If you are so keen now to spend on infrastructure, where were you in 2009 when Obama wanted to spend on infrastructure?
Then there was a concern with debt, what about now?
I think you need to go back to eating shit coz your brain cells are not working
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Make Trump the President of Sinkapore!
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This is the sort of liberal hogwash I have to put up with in NZ from a person who is supposed to be an "expert". It was wrong on just about EVERYTHING!
Why a Trump victory in November would see the NZ Dollar fall off a cliff
5:00 AM Friday Oct 21, 2016
Donald Trump. Photo / AP
[FONT=&]While the chances of a Trump victory in November have reduced over the last few weeks he is still in the race for the White House and as Brexit showed us in June the polls don't always get it right! Dan Bell from HiFX gives his view.
[FONT=&]So what impact would a Trump win have on global markets and the NZ Dollar?
[/FONT]
[FONT=&]Given Trumps highly unpredictable nature and unorthodox policy views, global markets would react with a state of panic which would see the NZD and other risk assets come under immediate selling pressure. Wall Street analysts predict [/FONT][/FONT]a Trump victory would see a 5-10% drop in global stocks[FONT=&] and major falls in most commodities and emerging markets. The NZD would experience significant declines against the US Dollar, Japanese Yen, Swiss Franc and Euro. Even the beleaguered Pound would find more support than the Kiwi.
[FONT=&]While the reasons for NZD weakness during periods of uncertainty are not always logical, as the 11th most traded currency in the world the Kiwi is always vulnerable to short term changes in market sentiment. While the NZD carry trade isn't as popular as the days when our official cash rate was over 8% and Japanese house wives were rumoured to be holding hundreds of millions in overnight positions, global investors still have a huge appetite for our currency.
[/FONT]
[FONT=&]Offshore investors holding NZ dollars or NZD denominated assets to pick up a better yield or get exposure to our economy are happy to do so while markets are calm and predictable, but when volatility picks up it's a different story and the Kiwi is one of the first currencies to get dumped. Risk aversion typically sees less liquid currencies like the NZD experience more dramatic declines which is why the Kiwi has a reputation for going 'up an escalator' when markets are positive and down 'down an elevator' when things turn negative. Global investors are also significant participants in the NZX and while most equity investors have a longer term approach, a Trump victory would see many take a more risk adverse approach and rebalance their global portfolios towards a home currency bias, away from riskier offshore assets.
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[FONT=&]It was a similar story during the Global Financial Crisis. In April 2008 the NZD/USD was trading over 0.80 and by the end of the year we were almost 40% lower in the low 0.50's! The dramatic fall in the NZD and other risk assets during this time was the result of another US based market event. Not much had actually changed in the NZ economy, but when investors realised the global financial system was on the brink of collapse due to the credit excesses of US banks they flocked to US government bonds, which is somewhat ironic and even more so if the next big global risk event is Trump winning the Whitehouse! When investors are worried about preserving their capital, US government bonds are still one of the most preferred safe haven assets.
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[FONT=&]Investors also have serious concerns about Trumps impact over the longer term. His unconventional views about immigration, international trade and the role of the US central bank could have a dramatic impact on the global economy. Among some of Trumps more unorthodox views is his perspective on the US central bank.
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[FONT=&]Trump has publicly criticised the Fed and their approach to monetary policy and went as far as accusing Fed Chair Janet Yellen as doing 'political things' to keep interest rates low. Analysts have also warned that Trumps protectionist views could spark a global trade war which could sink Chinese exports and turn back the clock on decades of trade liberalisation at a time when global growth is already struggling and deflationary forces remain an ongoing threat.
Trumps hard line approach to immigration is expected to reduce the US labour force by 11 million workers at a time when the US is facing the headwinds of an aging population and ongoing weakness in labour force participation.
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[FONT=&]For most investors a Clinton victory would be business as usual and would be mildly positive for the NZD and global risk assets. Clinton is seen as safe and predictable and despite the fact she would push for more financial market regulation; Wall Street is still more comfortable with the Clintons in the Whitehouse than Trump.
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[FONT=&]Regardless of what you think about Trump he is the biggest wildcard in the history of modern politics [/FONT][/FONT]and a surprise victory for him in November would send global markets into a state of turmoil and panic unlike anything we have seen since the heights of the GFC almost 8 years ago.[FONT=&]
[FONT=&]Dan Bell is an International Currency commentator for HiFX New Zealand[/FONT]
Copyright ©2017, NZME. Publishing Limited
[/FONT]
Wait ...the story is still unfolding.
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Gosh, you forgot that the rightards were the ones who wanted to police the world?
If you are so keen now to spend on infrastructure, where were you in 2009 when Obama wanted to spend on infrastructure?
Then there was a concern with debt, what about now?
I think you need to go back to eating shit coz your brain cells are not working
obama's spend on infrastructure during his term is centered around porkbarrel politics, i.e. rewarding his cronies and state union supporters with useless projects in only blue states that voted for him. projects such as roads to nowhere, sewer drainage that don't connect to main sewer systems, bridges that spiraled 3-fold in budget overruns and have yet to be completed, housing projects that use shoddy material and lousy unqualified workmanship, and so on and so on. the now defunct solyndra, solar panel bullshit startup, the now disgraced and banned theranos, the wasted welfare given to freeloaders, the deterioration of veteran hospitals and healthcare, these are all his pet projects. he shouldn't be in the business of investing and promoting his disastrous pet projects. he should just remain a community organizer.
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That's total bs and you know it. Pork barrel politics are practised by both sides but the southern states - primarily represented by Republicans - are the master of that corrupt practice.
Theranos is Obama project? How so?
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Just wait ...I will show you the pork barrel projects when the House start to make changes to Trump's bill.
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http://www.cnbc.com/2017/01/03/ford...mexico-plant-was-market-demand-not-trump.html
"The bottom line is we're not seeing the volume and the demand that we expected for that plant. And, therefore, we're looking at our capacity and saying, 'You know what, we can build that in an existing facility and use capacity that we already have,'" he said.
Business is not going so well for Ford!
"The bottom line is we're not seeing the volume and the demand that we expected for that plant. And, therefore, we're looking at our capacity and saying, 'You know what, we can build that in an existing facility and use capacity that we already have,'" he said.
Business is not going so well for Ford!
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since you're such an obama arsekisser, you don't know anything about this? what is vp biden doing with theranos ceo?
http://www.bizjournals.com/sanjose/...teps-down-as-presidential-ambassador-for.html
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With that, you deem Theranos an Obama project?
There are more crooks (think of the Wall Street bankers) affiliated with the Republicans. So, do you consider the Republicans the party of crooks? To this day, not one Wall Street banker has been jailed for putting tens of millions Americans out of work.
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