Some news for investors

BKKSTAN wrote:with the baht going down and prices skyrocketing,they feel the discomfort because they have to live with less!

Rosenberg thinks the U.S. economy may trudge along at a sluggish growth rate somewhere in the range of 0.5 percent to 1.5 percent while banks recover from the credit crisis, which could take another three years.

"If that's what you're able to generate, that economy is not generating the job growth required to bring the unemployment rate down," Rosenberg said.

Already, huge government debt issuance is raising questions about long-term U.S. fiscal stability. Concerns grew last week that the country could be stripped of its top-tier AAA credit rating after Standard & Poor's said it was considering downgrading Britain's sovereign rating.

This week marks a big test of investor appetite for U.S. debt. The government plans to issue a massive $101 billion in notes and bonds, matching the weekly record set in April.

Broda thinks the yield on 10-year U.S. government paper may reach 6 percent by 2011, compared with 3.4 percent now. Because so many other loans are based on that rate, that could make it costlier to buy a house or expand a business.

WBU ALUM wrote:I'm always skeptical of polls. I'd be curious to know if Americans were asked what issues specifically made their confidence improve.

"The improvement was concentrated in expectations for the future, especially the longer-term outlook for the economy," said Richard Curtin, the director of the survey.

Most of the gain can be tied to consumers' favorable assessment of U.S. President Barack Obama's stimulus spending, Curtin said. The survey found that 65 percent of consumers thought the stimulus would improve the national economy.

Affordability remains at record highs, but some key obstacles remain before the housing crisis becomes history.

The market may be on the doorstep of stabilization, according to some housing analysts, but a recovery won't be forthcoming with unemployment rising and foreclosures still setting records.

aznyron wrote:so what is so wrong with the Government taking over a business to keep it from bankruptcy like GMAC

when it start to make money & trust me it will make a come back the tax payers will be paid back with %%%%%%%%%%%

parrot wrote:In words of warning to potential new expats (don't come if you have serious health problems, don't come if you don't have or can't afford insurance, don't come if you have school-age children and expect international-quality schools in Udon, etc), maybe a word of warning would be:
Don't come planning on a stable exchange rate. It was as low as 31.2 to a dollar in March 2008 and the pre-1997 float rate was 25 for many years. I'd say a safe floor would be 10 baht lower than today's rate......as much as that would cause pain for a lot of expats, you'd be better served if you planned for the worse than thought the rate would stay in the 35-40 range.

Traders are bracing for more of the same Thursday. The Treasury is auctioning another $26 billion in notes, this time 7-years.

The heavy issuance - more than $100 billion this week alone - has been pressuring the market.

Some key data will also get the market's attention Thursday, including weekly jobless claims, durable goods and new home sales.

Banks already have taken their hits on structured financial products, Tilson says. "The next wave is plain vanilla loans sitting on banks' books that are defaulting at unprecedented rates."

That means, "investors, in their enthusiasm for financial stocks in the past couple months, may be missing how much more pain there is to come," Tilson says.

git wrote:The ultimate in my mind would be if they didn't use the other 2/3rd's but that's not lilkey.