Which stocks to buy right now ?????
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Krazzyfour,
Why are you inundating so many threads with your copied and pasted news articles?
Your news item does not answer the original question about stock picking.
In this thread, the last 4 posts are copied news articles by you.
You have also posted the exact same article in other threads as well.
If you wish to post news articles and/or discuss them, I suggest start a new thread called "Krazzyfour's News Picks" and collect all the articles there.
Investpro has such a thread and posts all his news stories there.
Bottom line is that unless a news report is specifically relevant to the topic being discussed, please don't post it.
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"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."
-- Rhett Butler in "Gone with the Wind"
Pratick,
Under the current situation one is better of by staying away from market. However if one is really interested in investing money in stocks, the best bet would be Good Pharma and Healthcare companies.
In other sectors, one can pick leader and the most financially strong company from other sectors as lots of merger and acquisition will be there in future.
Please note that one must go in for averaging by investing in small lots rather than investing everything at one time and also avoid investing in India fund or China funds as recession is going to be much longer and deeper in developing countries compared to NA and Europe.
Good luck!
Keep well,
Cheers!
Location: carl sagan's universe
Posted on: 21-01-09 22:29:39
Quote:
Originally posted by Krazzyfour
Please note that one must go in for averaging by investing in small lots rather than investing everything at one time and also avoid investing in India fund or China funds as recession is going to be much longer and deeper in developing countries compared to NA and Europe.
Is there recession In India and China or will there be one?
As per the North American criteria- recession has not yet hit India nor China.
However maybe by India's and China's standards recession has hit there.
By most people's and well known cos. calculations India and China still have and will enjoy positive GDP growth in the near future.
However as a footnote- what do the well known cos know anyways? they've been pulling the wool over our eyes for sometime. People don't believe their analyses nor ratings no more
Perhaps you can point us to links where analysts are saying that India and China have negative GDP growth or will have in the 'near' future.
Would love to read those articles.
Please note I am not being sarcastic here - I would really like to see articles that talk about India and China having negative GDP growth.
Perhaps you can share your insights.
Here you go,
Dow dropped and lost approx 40% while India, Singapore, Hong Kong, South Korea, Japan markets have lost over 58% and China stock market lost over 70% from their peaks.
Below are the links with respect to recession/slow down in asian economies:
Korea's Economy Shrinks 5.6%, Biggest in 11 Years
http://www.cnbc.com/id/28779419
Record Japan Export Plunge Adds to Recession Gloom
http://www.cnbc.com/id/28780728
China's Economy Slows Sharply as Crisis Bites
http://www.cnbc.com/id/28781414
Spectre of 50 million job losses looms in China
http://business.theage.com.au/business/spectre-of-50m-job-losses-looms-in-china-20090118-7k1b.html
Singapore in Worst-Ever Recession After Q4 Slump
http://www.cnbc.com/id/28759417/site/14081545
Downturn Choking Global Commerce - Chinese Exports Fall Furthest in 7 Years
Declining world trade is taking the wind out of the global export boom that brought trillions of dollars worth of investment and trade to nations like China and India, helping millions rise out of poverty in recent years. In India, thousands of textile workers are losing their jobs as global clothing sales drop and experts forecast even gloomier sales for 2009.
The government in Beijing has taken aggressive measures to try to spur trade, such as re-introducing tax rebates for exports and helping banks increase lending. But they have thus far failed. At the same time, efforts to tap the domestic market in emerging nations are proving to be difficult. November car sales were down 37 percent in the United States, and also down by 10 percent in China, 15 percent in India and 30 percent in South Africa, according to the World Bank.
The slowing of growth in major emerging markets -- which on average are projected to grow 4.5 percent next year, down from earlier projections of 7 percent -- could spark more unrest in countries such as China.
http://www.washingtonpost.com/wp-dyn/content/article/2008/12/10/AR2008121003838_pf.html
Hope this clarifies .
Keep well,
Cheers!
Location: carl sagan's universe
Posted on: 22-01-09 08:26:41
Thanks Krazzyfour,
4 are the same link.
The other 2 are diff.
I had read all the stuff in those links, but thanks anyways.
Nowhere do I see that China and India are in recession as per the 'usual' definition of 2 quarters of negative GDP growth.
AS a matter of fact your quote claims that the economies of major emerging markets are expected to GROW by 4.5%.
Most articles I read say that India and China will grow even though at a slower pace
Unless of course you are referring to another description of recession which is being expounded now that despite growth the inflation is higher so it 'feels like a recession'.
For instance, in Canada the growth may be 0.5% but the inflation is 2.5% so it bites like a recession. Also all the job losses going around gives the notion of a recession
Same with the US.
In the emerging countries , the spread is even higher.
If you have studies, theses, links to such theories, please post them.
Maybe there are other theories on recession now that challenge the traditional notion of a recession.
If anybody has links to such theories- please post.
Thx.
Investpro
China and India are the only two countires which are not in recession in the world currently. However China's and India's stock market lost 70% and 60 % from their peak respectively, when US, Germany, UK, and Japan which are offficially in recession have lost only 40% from their peak.
Wonder what will happen to China's and India's stock market when these two countries will officially go in recession by true definition of recession!!!
This says all. It is better to avoid investing in China and India funds.
Keep well,
Cheers!
Quote:I agree.
Originally posted by Krazzyfour
China and India are the only two countires which are not in recession in the world currently. However China's and India's stock market lost 70% and 60 % from their peak respectively, when US, Germany, UK, and Japan which are offficially in recession have lost only 40% from their peak.
China is primarily an export economy and it success has mainly been due to the fast speed, cheap cost and the volumes in which it can produce consumer goods for Western markets.
In the last 10 - 15 years, they have flooded the Western markets with everything from cheap toys, furniture to sophisticated computer machinery, etc.
But it is still a derivative economy.
They do not have enough purchasing power within the country to sustain this rate of production.
With most of the West going into lengthy, deep recession the demand for their consumer goods will fall.
We are already seeing that China is overstocked with oil and has reduced its energy demands.
That is one of the factors putting so much pressure on oil.
China will of course try to beat it by further cutting labour costs, reducing quality further and subsidized exports by the govt.
But there is a limit to which you can squeeze labour, limit to quality and limit to govt funding.
If the West cannot re-baseline their economies by getting rid of the massive "paper money" that was created by the derivatives and re-selling of non-existent assets, then there will be sustained recession.
Eventually, China will go into recession.
India, though, is a slightly different deal.
India's high-tech sector is significantly dependent on the West, so it will see tough times (Satyam, etc.)
But India has a lot of consumption capabilities within itself that can sustain a large part of the economy.
India also produces a lot of food and a variety of it (from all food categories).
India also has a large parallel economy and that causes a lot of the govt statistics and numbers to be skewed.
Like figures of GDP, unemployment, etc. do not take into account the parallel (mainly barter based or local) economies.
I am possibly biased, but India may end up weathering the storm better than China and the West.
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"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."
-- Rhett Butler in "Gone with the Wind"
