Global Recession - Is it really Over?

[ProfitMaximizer101]

The Central Bankers of the world met this past weekend in Jackson Hole, Wyoming. Known for hoards of Deer, Elk, hunters and hamburgers, this relatively small frontier town became the center of the financial world for a few days – and will be widely remembered from this day forth as the place in which the global recession was officially declared over.

Just don’t tell those 14% of industrialized workers who are without work, don’t tell those farmers who are selling items at 2/3rds less than what they were last year because of trade restrictions, and don’t tell the Central Bankers themselves, because in the end – the meeting and declaration was more politically motivated than factually motivated.

Jean-Claude Trichet, the EU Central Bank President, gave a speech that can be defined as optimistic, or if you are one of those protagonists, you could have derived a negative message from him.

Ben Bernanke who heads up the US federal reserve was chipper and growth focused in his remarks – notwithstanding the actual numbers, he used words like “I feel” and “in my opinion” to describe the economic recovery – terms usually reserved for politicians and not numbers oriented Central Bankers. Good for him though as President Obama rewarded him with another term as Fed chairman for his efforts.

The Forex marketplace this week has been slow and light, most everyone is off in some vacation spot, perhaps hunting Deer and Elk or eating burgers. Forex traders have not been moving the markets these past few days – and neither has any news for the most part.

The summer is winding down, quarter 4 is around the corner and the world is anxiously awaiting something to happen. In Europe, Germany’s growth and true recession exit is marred by the other EU countries that are still suffering double digit unemployment and negative growth.

In the US everyone, including the politicians and policy makers are on vacation, trying to regroup and figure out how to spend another Trillion Dollars that they don’t have on a healthcare package. And in China, they are selling their Dollars (shhhhhh).

In a world in which the lines between fact and political fiction, it is difficult to pin just where this economy is going. Yes there is some signs that things are getting better, but there also so many signs that there is bad news on the horizon.

In the past 3 months alone, 650 banks have closed in the EU and US – the pains are still there from last year. Unemployment numbers are still rising – and the politicians warn us this is going to happen for a while longer.

But something is happening, we are reaching a critical point in which something will happen. My belief is that it will not be good, but it can turn out to be positive – the haze of summer is upon us and Forex traders and online Forex bloggers like me are looking for a break in the air – a little clarity – and we are not getting it from those who are charged with honesty and truthfulness.

Keep your eyes open – next week will be a good one for numbers. For this week, enjoy the quiet, it is usually like this before the storm.

 

[kerambit]

The Central Bankers of the world met this past weekend in Jackson Hole, Wyoming. Known for hoards of Deer, Elk, hunters and hamburgers, this relatively small frontier town became the center of the financial world for a few days – and will be widely remembered from this day forth as the place in which the global recession was officially declared over.

Just don’t tell those 14% of industrialized workers who are without work, don’t tell those farmers who are selling items at 2/3rds less than what they were last year because of trade restrictions, and don’t tell the Central Bankers themselves, because in the end – the meeting and declaration was more politically motivated than factually motivated.

Jean-Claude Trichet, the EU Central Bank President, gave a speech that can be defined as optimistic, or if you are one of those protagonists, you could have derived a negative message from him.

Ben Bernanke who heads up the US federal reserve was chipper and growth focused in his remarks – notwithstanding the actual numbers, he used words like “I feel” and “in my opinion” to describe the economic recovery – terms usually reserved for politicians and not numbers oriented Central Bankers. Good for him though as President Obama rewarded him with another term as Fed chairman for his efforts.

The Forex marketplace this week has been slow and light, most everyone is off in some vacation spot, perhaps hunting Deer and Elk or eating burgers. Forex traders have not been moving the markets these past few days – and neither has any news for the most part.

The summer is winding down, quarter 4 is around the corner and the world is anxiously awaiting something to happen. In Europe, Germany’s growth and true recession exit is marred by the other EU countries that are still suffering double digit unemployment and negative growth.

In the US everyone, including the politicians and policy makers are on vacation, trying to regroup and figure out how to spend another Trillion Dollars that they don’t have on a healthcare package. And in China, they are selling their Dollars (shhhhhh).

In a world in which the lines between fact and political fiction, it is difficult to pin just where this economy is going. Yes there is some signs that things are getting better, but there also so many signs that there is bad news on the horizon.

In the past 3 months alone, 650 banks have closed in the EU and US – the pains are still there from last year. Unemployment numbers are still rising – and the politicians warn us this is going to happen for a while longer.

But something is happening, we are reaching a critical point in which something will happen. My belief is that it will not be good, but it can turn out to be positive – the haze of summer is upon us and Forex traders and online Forex bloggers like me are looking for a break in the air – a little clarity – and we are not getting it from those who are charged with honesty and truthfulness.

Keep your eyes open – next week will be a good one for numbers. For this week, enjoy the quiet, it is usually like this before the storm.

Just be prepared for the worst~X(
China selling their dollar coz' they have to. They hold too much of this so call 'fiet money'. They sold their dollar for the gold

 

[naa_zaa01]

Resesi Global - Apakah itu benar-benar Over?

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Negeri Bankers dunia bertemu pekan terakhir ini di Jackson Hole, Wyoming. Dikenali untuk menimbun dari Deer, Elk, pemburu dan hamburger, ini relatif kecil bandar sempadan menjadi pusat dunia kewangan selama beberapa hari - dan akan banyak ambil perhatian daripada hari ini keluar sebagai tempat di mana kemelesetan global secara rasmi dinyatakan berakhir .

Tapi jangan hantar orang-orang 14% daripada pekerja industri yang tanpa kerja, jangan bilang para petani yang menjual barang-barang di 2/3rds kurang daripada apa yang mereka tahun lalu kerana sekatan perdagangan, dan jangan menceritakan Bankers Tengah sendiri, kerana pada akhirnya - pertemuan dan pengisytiharan itu lebih bermotifkan politik daripada faktual termotivasi.

Jean-Claude Trichet, Kesatuan Eropah Presiden Bank Sentral, memberikan pidato yang boleh ditakrifkan sebagai optimis, atau jika anda adalah salah satu protagonis, anda boleh diturunkan mesej negatif daripada dia.

Ben Bernanke yang memimpin sandaran persekutuan AS itu gembira dan pertumbuhan terfokus dalam sambutannya - meskipun nombor-nombor yang sebenarnya, ia menggunakan kata-kata seperti "Saya merasa" dan "pendapat saya" untuk menggambarkan pemulihan ekonomi - biasanya disediakan untuk istilah ahli politik dan tidak nombor berorientasikan Bankers Tengah. Baik baginya meskipun sebagai Presiden Obama menghadiahinya dengan istilah lain sebagai Ketua The Fed untuk usahanya.

Pasar Forex minggu ini berjalan lambat dan cahaya, kebanyakan orang tidak aktif di beberapa tempat liburan, mungkin berburu Rusa dan Elk atau makan burger. Forex peniaga belum menggerakkan pasaran beberapa hari terakhir ini - dan tidak mempunyai berita apapun untuk sebahagian besar.

Musim panas ini berkelok-kelok turun, kuartal 4 adalah sekitar sudut dan dunia cemas menunggu sesuatu terjadi. Di Eropah, Jerman pertumbuhan dan kemelesetan benar keluar adalah dirosakkan oleh negara-negara Kesatuan Eropah lain yang masih menderita dua digit pengangguran dan pertumbuhan negatif.

Di AS setiap orang, termasuk para ahli politik dan pembuat dasar sedang bercuti, cuba untuk berkumpul dan mencari cara untuk menghabiskan Triliun Dolar lain yang mereka tidak miliki tentang pakej kesihatan. Dan di China, mereka menjual Dollars (shhhhhh).

Dalam sebuah dunia di mana garis antara fakta dan fiksyen politik, sukar untuk pin di mana ekonomi ini bermanfaat. Ya ada beberapa tanda-tanda bahawa segala sesuatu menjadi lebih baik, tetapi ada juga begitu banyak tanda-tanda bahawa ada berita buruk di cakrawala.

Di masa lalu 3 bulan saja, 650 bank telah ditutup di Kesatuan Eropah dan AS - yang sakit masih ada dari tahun lalu. Angka pengangguran masih naik - dan politisi memperingatkan kita ini akan berlaku untuk sementara waktu lebih lama.

Tapi ada sesuatu yang berlaku, kita akan mencapai titik kritis di mana sesuatu akan terjadi. Kepercayaan saya ialah bahawa ia tidak akan baik, tetapi boleh berubah menjadi positif - kabut musim panas adalah kepada kami dan Forex Forex peniaga dan talian blogger seperti saya sedang mencari istirahat di udara - sedikit kejelasan - dan kita tidak mendapatkan itu daripada orang-orang yang didakwa dengan kejujuran dan kebenaran.

Mata anda tetap terbuka - minggu depan akan menjadi baik untuk nombor. Untuk minggu ini, menikmati sepi, biasanya seperti ini sebelum badai.

 

[ProfitMaximizer101]

Thanks for the replies. A trade war is brewing between the world’s largest debtor and the world’s largest lender – and the ramifications could prove very costly. Over the weekend, in a very quiet and contrite manner, the US government imposed a 35% additional tariff on Chinese made automobile tires.

The Chinese, since finding this out via a news source rather than an official communication, have accused the US of protectionist policies and referenced the manner in which the tariff was imposed (in the dark of night) and the manner in which it was disclosed to them (via a Reuters report) to prove this point.

The Obama is under immense pressure from internal lobbyists for the Automobile parts industry, which claim that 5,000 jobs have been lost so far as a direct result of the mass influx of cheaper Chinese made tires.