Archive for November, 2008
FED & Treasury Join Forces in Boosting Loans !!
By Marek W. Stupka | November 25, 2008
US government officials have found a new way to stimulate credit markets without having to spend much of the $700 billion money set aside in the bailout plan. They came up with two new programs aimed at boosting lending to consumers and small businesses and supporting the market for mortgage-backed securities.
Under a plan announced today, the Fed will issue as much as $800 billion in one-year loans to holders of new, top-rated, asset-backed securities in an effort to boost consumer lending. The idea is to provide banks with more liquidity so that they can make the so much wanted auto loans and student loans and issue credit cards. In addition, the Treasury lead by its Secretary H. Paulson will use $20 billion from the $700 billion pool in the Troubled Asset Relief Program (TARP) to guarantee the loans.
Click here to read the full text of comments on the TARP program made by Mr. Paulson today.
It seems that the US Government is doing everything in its powers to support the super thin investor confidence found everywhere in the world these days (e.g. the CitiGroup bailout). The only concern about these activities that is still lingering in the traders’ squawboxes is that the government officials in fact use other huge loans to cover up for the gigantic ones that has gotten the world into this mess. FED’s answer? There is now other way, at least not in the short term…
Well, if you’re desperate about getting beyond the toxic equity or bond markets and find something worth investing in these profoundly turbulent times, I definitely invite you to the world of FOREX trading. The currency markets have shown great amount of bulletproofness during the so much talked about “Shoctober 2008″ and truly make for a perfect alternative when it comes to capitalizing on your money in the weeks and months to come.
To give you the proof that what I am saying is substantial, please download my Trade Journal in order to see our latest trading progress here at Gepard Investments, Inc. Once you, like thousands of other traders worldwide, make up your mind about capitalizing on your own money in the FOREX markets feel free to email me with your application to join my 1-on-1 FOREX Training, the Internet’s most comprehensive course on how to trade currencies with consistent profits.
Topics: News From Wall Street | No Comments »
Yesterday, US History Has Been Made !!
By Marek W. Stupka | November 5, 2008
Last night, Senator Barrack Obama ceased to exist. President-elect Barrack Obama was born. He was elected to become the first African-American president in the US history. Starting from January 20, 2009, he will have a chance to lead the USA towards the so much anticipated change. Despite current euphory, however, there are serious problems he will have to face.
There is no doubt - when I first heard about the results I was delighted by the news, and so were millions of open-minded people around the world. Congratulations!
However, there are still deep underlying problems that America needs to solve in the months and maybe even years to come. Mr. Obama might have a really, really hard time to stand up to his pre-election promises since - let’s admit it - the country and the global economy are in an unbelievably poor shape (read more about this issue in my previous posts).
Obama’s victory translates to a very likely change for better in the financial market field. Especially in the long haul. In any case, let’s not forget that the immediate situation in the stock markets might not be as pink and bright as we might think judging by the euphory of the moment. Just follow any economy calendar and learn why. However, the solid and predictable behavior of the FOREX majors during October 2008, the worst month in Wall Street in 27 years, lets us currency traders feel relieved that WE DEFINITELY ARE IN THE RIGHT MARKET (note that this does not go to some exotic crosses and currencies with low trading volumes). The impact of Wall Street turbulences on our trading is delayed and considerably muted. Happy trading!
Topics: Miscellanous | No Comments »
US Elections and the Markets
By Marek W. Stupka | November 1, 2008
The US presidential elections are just around the corner and many analysts (me including) are of the opinion that they will influence the markets positively. This simple statement was proven to be true during the past elections, it simply is an implication of removing the current political instability from the White House.
Compare it, if you will, to a company hiring a new CEO. The new boss usually gets sort of a few-day honeymoon no matter how bad things are with the company. The same thing is very likely to happen to the US economy - the new president means a new atmosphere of hope and stability which will definitely mirror positively in (mostly) the (stock) markets.
Note also that I do not believe in the new president to immediately mean a sustained positive influence on the markets, at least not in the short term, simply because the US economy will have to face other, extremely important, changes in the end of next week: A. The NFP change measuring the broad dynamics in employment, and B. Quarterly results of several big US corporations. These, if coming out worse than expected, might very well offset the euphory of the so much anticipated end of the longest presidential race in US history.
As far as the two candidates and their long-term positive influence on both the stock and the currency markets are concerned, I have pretty much explained my views in one of my previous posts. [ click here to read it ]
Topics: Miscellanous | 2 Comments »