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RANIAN CENTRAL TV CONFIRMS THAT EIGHT UK
EMBASSY STAFF TAKEN HOSTAGE
Green
Printing money will alleviate the risk of default, allow
businesses to invest, reduce tax on persons and corporations, provide incentive
to reform, devalue euro to compete and export so leads to jobs and growth, not
affect inflation because banks use to increase capital base and not enter into
economy.
eal prices and a price-to-rent ratio. Real prices are back
to 1999/2000 levels, and the price-to-rent ratio is also back to 2000 levels.
1/5 homeowners are under water
GS:
WNR target 23$ - 95%
PXD – 116$ - 33%
NBL – 113$ - 25%
XOM – 92$ - 21%
http://www.zerohedge.com/news/commodity-inflation-and-spare-capacity-food-thought
'inflation' signs in the food industry, where it is
becoming, somewhat incredibly in this age of supposed frugality and
deleveraging, cheaper to eat-out than to cook-at-home. This price
disequilibrium has seen consumers respond accordingly; spending on food
away from home has picked up while spending on food at home has slowed
and also very notably households spending the marginal unit of 'time' working
as opposed to 'eating' as economic frailties continue.
One additional point to consider is the opportunity cost to households. In this weak economic environment, if afforded an extra hour of time, a household will be more likely to work in that hour than spend that time going to the grocery store and preparing food. Again, this implies a relative shift, substituting away from grocery stores into restaurants.
Spending up at restaurants, down at grocers
With prices at restaurants rising more slowly than grocers, consumers have responded in-kind. Chart 2 illustrates this relative consumption shift. The result is predictable but telling. As a share of total personal consumption expenditures, spending at restaurants has been rising steadily since mid-2009. For grocers, on the other hand, this share has been essentially flat.
PIMCO here they are: "i) Scenario 1: Exports
minimally effected. Concerns would drive initial price response; Oil
could spike initially to $130 to $140 per barrel and then settle in a higher
range, around $120 to $125; ii) Scenario 2: Iranian
exports cut off for one month. In this case, we would expect prices
could reach previous all-time highs of $145/bbl or even higher depending
on issues with shipping; iii) Scenario 3: Iranian exports are lost for
half a year. We think oil prices could probably rally and average $150
for the six months, with notable spikes above that level; iv) Scenario
4: Greater loss of production from around the region, either
through subsequent Iranian response or due to lack of ability to move oil
through Straits of Hormuz. This is the Armageddon scenario in which
oil prices could soar, significantly constraining global growth. Forecasting
prices in the prior scenarios is dangerous enough. So, we won’t even
begin to forecast a cap or target price in this final Doomsday scenario
. Core OPEC countries (Saudi
Arabia, Kuwait
and UAE) are producing at their highest level in decades.
We estimate that the loss of Libyan oil added roughly $20
per barrel to prices over the past six months. Saudi
Arabia has limited export capability to the Red Sea and
relies on the perilous Strait of Hormuz for
most of its crude oil exports. A
price raise over 20days - min 3-5%
price rais over 6 month - 8-10%
macd -
yield - 4-10% (fund manager la asta se uita)
latest profit ultimul an -
revenue 1 year
news - lot of positive news
p/e/peg - look for growth and value, p/e -15-24, peg < 1
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