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So Much For The Great "Buy BRICs" Trade
Presented without comment. Those who need explanation are encouraged to call Jim O'Neill. He will be delighted to explain this.
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Brazil just cut rates again. At least they gave themselves a cushion.
I thought Brazilian women already have a lot of cushion, but I digress...
...keep in mind O'Neill is a Manchester United fan and ardent supporter of said club.
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Excellent!
Jim O'Neil
Narcissist, ego centric punk economist, crappy asset manager....
Goldman Globalist
NWO cheerleader
What could go wrong?
BTW, ya'll know that Willie the Mittens was at the last Bilderberg meeting dontcha?
All the chart shows is the "seat" of TPTB is in Europe, right in the middle of the bulls and the bears.
Leveraging works.
http://www.silverdoctors.com/jim-willie-morgan-stanley-faces-imminent-fa...
as for Brazil it will inflation and drug wars redux.
They have lost their brains cutting rates.
Brazil has experienced runaway currency devaluation before -- and they will again.
I hope so..It was fun down there when the exchange rate was 4.50 to 1 dollar...
Brazil has now definitely entered the realm of bubbles and busts. Welcome to the club.
You mean that AMZN with a 300 p/e is a little pricy ? Say it isn't so.
Monkey see, Monkey do
Does the NASDAQ count if much if it has been purchased by the FED?
GOVDAQ..Hmmm Sounds so?..so? Americanish!
Tech bubble 2.0
damn right.
I am suprise the Tylers did not mention that Apple is about 18 to 20% of the NASDAQ.
I believe there was an entire article about that just last week.
There was... http://www.zerohedge.com/news/aapl-198-nasdaq-another-rebalancing-imminent
Wake up Freddie
Jim says they read right to left in Shanghai.
Okay, that's funny!
Which he was told about by his tour guide between meetings in a tight schedule. Fascinated, he turned to Wikipedia for confirmation and felt as if he'd a moment of revelation, seeing so much more of the Chinee culture than he'd ever appreciated.
Shortly thereafter when being interviewed by the Daily Mail's sports section he was asked what the Chinee had that the West didn't, to which he replied; "Great dim sum recipes"
Now we await the Goldman's and Morgan Stanley's take bond losses on Asia more so China and India.
So much for putting the BRIC's on the PIIGS
O'Neill, silly bint...bricked:-) Or is he just muppet numero uno?
I always forget whether you mean nasdaq the composite index, or nasdaq the creating-value-for-our-shareholders entity
http://www.nasdaq.com/symbol/ndaq/interactive-chart?timeframe=1y&chartty...
Let R be the set of all stock markets that are not members of themselves, etc
Well clearly it's time for O'neill to start talking up the beauty of the Nasdaq.
More like he chats up the beauty of a Brazilian tranny wrapped up neath the Christmas tree on Boxing day in snowy Chiswick.
Q: Who the fuck takes this rub seriously anymore?
A: Executive Search for Gov'nr BoE
Cable: Watch out below!
Can't be stressed enough the collapsed in the iron ore price and it's effect on the BRICS/world. That and inflation is still rampant.
To me, this is just more proof that the US stock market is manipulated to just stupid levels. How the S&P 500 keeps rallying in light of europe and emerging markets falling to pieces is just a joke.
Rush to safety into USSA equities by EuroChina scared money. Back up the trucks, she going to the moon, Alice! Keep stacking.
A graph of proportionate financial terrorism represented by geographicly located indexes. Either that or the amount left to steal within each respective nation.
To me the buy of the year has been the GBP.. Most are still stuck on equities.. I just dont see it..
http://mlatrader.com/gbp-continues-its-climb/
Wonder what the respective charts would look like if AAPL traded on the exhange of the country where all their stuff is made, instead of the NASDAQ.
nice,but what does it mean if priced in gold???..hmmmmmmm
You guys are mean. You need to stop picking on Jimbo.
Didn't any of you see the interview he did on Charlie Rose where he told the heartwarming story (that only an investment banker could tell) to his daughter about how Goldman and Co. are lifting all the world's poor out of grinding poverty?
And there's so much more good work that needs to be done; God's work.
If you can't help, then get out of the way!
The good news is if anyone needs any other investing advice, Tomas Lee says we're at the beginning of a 3-year bull market and the housing stocks are ready to double and perhaps triple.
Big money, big money, no whammies, no whammy!
so, who really says that america has a bad future?
http://expose2.wordpress.com/2011/11/20/a-voice-from-the-dark/