The Word on the Street

Thermal Ebb

Active member
100 15
NZ CB hints at currency intervention. 2007 all over again. When the entire AsiaPac region is playing the intervention game can any one of them really be singled out as a currency manipulator?
 

Thermal Ebb

Active member
100 15
UK unemployment rate 7.8%. Jobless level -14k in 3 months to December. Earnings growth remained weak at 1.4%.

Mervyn King wanted more QE. 6-3 the others didn't.
 

Thermal Ebb

Active member
100 15
The Brits aren't above a bit of currency intervention themselves, though credit due - they are very subtle. The softer side of soft. Won't hurt the deficit one bit.
 

Thermal Ebb

Active member
100 15
Sectors to be buying:-

IT
Aerospace
Public Administration
Telecoms (satellite)
Scientific R&D
Energy
Transport
Construction
Manufacturing
Engineering

By definition, any that aren't on that list are a divest. (Hint: Financials, banks, funds, insurance, health, medical, consumer tech., marketing).
 
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