BACKDOC: AHH YES, THE VALUATIONS REMAIN HIGH AND WHEN YOU CONSIDER THE TRANSITION TO THE HIGHER VALUED CURRENCY, STOCKS ULTIMATELY WILL HAVE TO FIND A MUCH LOWER LEVEL. THE PROBLEM IS THE VERY CURRENCY WHICH THEY STOCKS ARE CURRENTLY VALUED IN IS AT RISK!
Mountainmaan: Make No Mistake...."THEY" are The MAJOR Holders of The S+P500 Stocks.....By 10%.....Maybe More.....and That is WHY??? I say FOLLOW the Money for It ALL Leads back to HISTORICAL BANKING DYNASTIES.....Therefore TRUSTS/FOUNDATIONS related to said Families Like the Rothschilds are their front Groups to do their Bidding.......IMO
Thunderhawk: Hello “Oz”
Lord Rothschild Warns Of ‘Big Problems In 2016’
Lord Rothschild has issued a stark warning to investors, saying that 2016 is likely to be a very difficult year for the world economy.
In his letter to investors, Rothschild warns, “not surprisingly, market conditions have deteriorated further…So much so that the wind is certainly not behind us; indeed we may well be in the eye of a storm.” On this basis, Rothschild highlights a “daunting litany of problems,” warning those who are optimistically sanguine about the US economy that “2016 is likely to turn out to be more difficult than the second half of 2015.”
LORD ROTHSCHILD LETTER TO INVESTORS (VIA RIT CAPITAL):
In my half-yearly statement I sounded a note of caution, ending up by writing that “the climate is one where the wind may well not be behind us”; indeed we became increasingly concerned about global equity markets during the last quarter of 2015, reducing our exposure to equities as the economic outlook darkened and many companies reported disappointing earnings. Meanwhile central banks’ policy makers became more pessimistic in their economic forecasts for, despite unprecedented monetary stimulus, growth remained anaemic.
Not surprisingly, market conditions have deteriorated further. So much so that the wind is certainly not behind us; indeed we may well be in the eye of a storm.
The litany of problems which confronts investors is daunting:
The QE tap is in the course of being turned off and in any event its impact in stimulating asset prices is coming to an end.
There’s the slowing down to an unknown extent in China.
The situation in the Middle East is likely to be unresolvable at least for some time ahead.
Progress of the US and European economies is disappointing.
The Greek situation remains fraught with the country now having to cope with the challenge of unprecedented immigration.
Over the last few years we have witnessed an explosion in debt, much of it repayable in revalued dollars by emerging market countries at the time of a collapse in commodity prices. Countries like Brazil, Russia, Nigeria, Ukraine and Kazakhstan are, as a result, deeply troubled.
In the UK we have an unsettled political situation as we attempt to deal with the possibility of Brexit in the coming months.
The risks that confront investors are clearly considerable at a time when stock market valuations remain relatively high.
There are, however, some influential and thoughtful investment managers who remain sanguine about markets in 2016 on the grounds that the US economy is in decent shape – outside of manufacturing – while they feel that economic conditions may be improving. To them, the decline in these markets may have more to do with sentiment than substance. Others are less optimistic but feel that the odds remain against these potential difficulties materialising in a form which would undermine global equity markets.
However our view is that 2016 is likely to turn out to be more difficult than the second half of 2015. Our policy will be towards a greater emphasis on seeking absolute returns. We will remain highly selective when considering public and private investment opportunities. Reflecting this policy, our quoted equity exposure has been reduced to 43% of net asset value.
There’s an old saying that in difficult times the return of capital takes precedence over the return on capital. Our principle will therefore be to exercise caution in all things in the current year, while remaining agile where opportunities present themselves. Problems have a habit of creating opportunities and I remain confident of our ability to identify and profit from them during 2016.
Mountainman: The OIL Companies
CHEVERON,TEXACO,MOBIL,SHELL,BP......STANDARD OIL.......ALL and MORE are Under the Ownership=TRUSTS/FOUNDATIONS....that Gave these Families like the ROTHSCHILDS and ROCKEFELLERS their Wealth.......thus "THEY" (CONTROL) the Majority of this Industry......They MONOPOLIZED the Market back in the Late 1800's to Early 1900's....this PLAYS a HUGE ROLE in the NEW REALITY.....as HISTORY is My Witness.....IMO
BTW........The AFRICAN Ivory Coast.....Next Stop.....for Debt Restructuring..aka....BANK LOANS =Debt w/Interest......Follow the PATTERNS.....it is ALL There.....IMO
The Rothschilds and Others......Are Everywhere in USA, Europe's Banking as well as RUSSIA,and Around The Globe.........Their is A LONG LINE of Funding Both Sides of Conflicts in Countries that They want either the Resources or to Manipulate said Economies for Personal Gain/(CONTROL).....
Once"THEY" have their Claws in a Country.....they.....Stay There Until (ALL) in Governments and their Societies......SUBMIT to Them....BTW......."THEY" are Implementing this NEW REALITY..........for it's Been in the WORKS from the Beginning.....=An Objective/on Purpose
IMO........Basically "THEY" are the Cause....and.....Effect......Which brings about the Objectiveinto Fruition!!!!!!!!.......IMO
Thunderhawk: BREAKING NEWS!!!
Chevron Said to Work With Rothschild on S. Africa Stake Sale
Chevron Corp., the second-largest U.S. oil producer, is working with investment bank Rothschild & Co. on plans to sell a 75 percent stake in its South African unit, according to people familiar with the matter.
The sale may fetch about $1 billion and could attract interest from other companies in the industry as well as financial investors, the people said, asking not to be identified as the deliberations are private. The stake may also attract interest from energy firms in the Middle East, they said. The sale also includes Chevron’s business in Botswana and indicative bids for the assets may come this summer, one of the people said.
Chevron, the largest U.S. oil producer after Exxon Mobil Corp., said in January that it was considering selling the assets as part of a divestment program to counter a slump in energy markets. The oil major is also planning a sale of its geothermal assets in Asia, people familiar with the matter said previously.
The South African business operates a 110,000-barrel-a-day refinery in Cape Town, a lubricant plant in the eastern port city of Durban and markets its Caltex-branded products through more than 845 filling stations, according to its website.
Representatives for Rothschild and Chevron declined to comment.
BACKDOC: THE CLEVER MOVE VIETNAM DID WAS TO STRUCTURE 80% OF ITS DEBT INTO DOLLARS WHILE IT CONTINUES TO CONSOLIDATE OVER 200 BANKS TO EVENTUALLY 15!
WITH THEIR STRONG GDP THEY WILL COME OUT A WINNER ONCE THE DOLLAR LOSES ITS INTERNATIONAL PURCHASING POWER. WE HAVE BEEN WATCHING THE NARRATIVE OF OIL DE-PEGGING FROM THE DOLLAR! I LOOK FOR MORE OF THE SAME AND THAT WILL BE HOW THE OIL PRICE CLIMBS TO THE LEVEL IT WILL NEED TO BE AT! DOC IMO
Thunderhawk: IMF Chief Says Vietnam's Economy Is at Risk Without Reforms
Vietnam risks being vulnerable to external shocks if it doesn’t push through reforms to strengthen its banking system and restructure state businesses, according to International Monetary Fund chief Christine Lagarde.
The Southeast Asian nation isn’t in a position to withstand economic blows from tightening of monetary policies elsewhere, a deep and prolonged drop in commodity prices and a slowing China without reforms, she said in a March 18 interview in Ho Chi Minh City.
“The risk is that from being slightly vulnerable, Vietnam could become very vulnerable to external shocks,” she said. “It would expose the Vietnamese economy and that would not be good for the Vietnamese population.”
Vietnam’s integration with the global economy has driven growth and reduced poverty. The economy is forecast to grow at 6.6 percent this year, according to Bloomberg surveys, while Prime Minister Nguyen Tan Dung has proposed raising the country’s 2016 economic expansion target to 7 percent from 6.7 percent.
The benchmark VN Index of Vietnamese stocks fell 0.6 percent at the close on Monday local time. The gauge has gained 10 percent since this year’s low on Jan. 21.
The nation’s poverty rate has dropped to 13.5 percent from 60 percent in 1993 and its economic growth is expected to be “solid” at more than six percent this year, Lagarde said in a visit to the country last week, during which she met with the country’s top leaders. Vietnam, which is in the process of a once-in-five-years political transition, now has one of the world’s most open economies, she said.
“Vietnam has done very well -- to have the ability to maintain macroeconomic stability in an environment which is challenging because the rest of the world is not growing at the pace and the potential we would like to see is quite remarkable,” Lagarde said in the interview. “It has done very well in terms of reducing poverty and it has not increased inequality, which often comes with growth.”
Still, the nation’s economic expansion since 2008 has been slower than the two preceding decades and it has failed to match per-capita-income growth that the region’s most successful economies experienced similar stages in development, she said.
Vietnam also needs to make greater use of exchange-rate flexibility to soften the blows of overseas economic shocks and build external reserves, she said. Reforming the nation’s state-owned companies and resolving bad debt at banks will offset the aging of its working-age population that could be a future drag on growth, according to Lagarde.
“We believe the banking system needs to be made stronger, better and more capitalized with less stressed assets in its balance sheets so the banks can actually fuel the economy,” Lagarde said. SOEs need better governance and to refocus on their core businesses, she said.
The country is also at risk with public debt at about 60 percent of gross domestic product and with one of the world’s fastest-aging societies and a working-age population that is beginning to decline.
“When you have the combination of high debt and slightly declining working age population, you need to be very careful with your macroeconomic stability,” she said in the interview. “You need to be very careful with the revenue you generate and how you spend it.”
Mountainman: We care About Our Family Here at KTFA.......and WHAT and WHY is brought to One EYES so as to Open them w/CLEAR 20/20 Vision.........the TIMES w/Which We Live are SHREWD w/GREED and (CONTROL).........This is ALWAYS "THEIR" Objective......IMO
Blessings Over This $$$$$$$$.....BLESSING.......Mountainman
Thunderhawk: 1934 Film House of Rothschild