\n\tBy Rudi Filapek-Vandyck, Editor FNArena<\/p>\n
\n\tI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently. Twitter allows me to follow news and commentary sources such as Dow Jones' Marketwatch, Bloomberg News and the Wall Street Journal. It assists me in keeping up with what is happening across the globe, while I am observing and analysing financial markets myself.<\/p>\n
\n\tWhile I am on Twitter, reading a quote here and a news flash there, I offer my own succinct insights and commentary. Those amongst you who have already discovered the virtues of a Twitter account can add my Tweets to their daily news via @filapek.<\/p>\n
\n\tFor those who have no intention to join Twitter, but would like to stay up to date, below are my Tweets from the week past:<\/p>\n
\n\t– WSJ (correctly) calls it the crisis of the welfare state. Last time Italy grew by more than 2% was in…2000, yet generous policies remained<\/p>\n
\n\t– Reports ANZ: without monetary easing China risks sharp slow down in H1 2012, thus expect Chinese action,.. and soon<\/p>\n
\n\t– Age Old Wisdom: when equities and bonds show divergence, trust Mr Bond Market. You're less likely to be proven wrong. See overnight action<\/p>\n
\n\t– Barclays Says Italy Is Finished: "Mathematically Beyond Point Of No Return" http:\/\/bit.ly\/twteJ8<\/p>\n
\n\t– Note that expectations about Chinese easing were already being expressed, sharp drop in inflation (to 5.5%) adds fuel to those expectations<\/p>\n
\n\t– Current market psychology: sellers have mostly sold, have already gone short, and buyers are looking for a reason -any- to buy, thus bias up<\/p>\n
\n\t– Observations of the day: Italian bond yields are not genuinely subsiding and Greece bank deposits are continuing experiencing net outflows<\/p>\n
\n\t– Conference Board predicts global growth remains below averages of the past until 2025. Note this coincides with generational cycle estimates<\/p>\n
\n\t– See me explain difference btwn "good weather stocks" and those that should be in long term portfolios on Switzer TV http:\/\/www.switzer.com.au\/video\/rudi-filapek-vandyck\/<\/p>\n
\n\t– Oz Stockbrokers: Upgrade for Collection House and for CPU, a good entry point for Ampella Mining, doubts on Caltex, more doubts on CSL<\/p>\n
\n\t– Barclays anticipates weakening property markets will significantly slow investment in China, impacting the global commodity market<\/p>\n
\n\t– Barclays predicts China property prices decline by 10-30% in current cycle, but no systemic crisis or collapse; authorities to change policy<\/p>\n
\n\t– Note a growing number of market watchers\/chartists is turning positive on Chinese equities. If China continues to lead the world, et cetera<\/p>\n
\n\t– Oz Stockbrokers: downgrade for Seek, for Australian Pipeline Trust and for DUET, doubts about WorleyParsons margins, Woolworths' profits<\/p>\n
\n\t– Traders should keep an eye on biotech Impedimed ((IPD)) today as a sudden FDA approval, with extension, is likely going to attract buyers
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\n\tYou can add my regular Tweets on Twitter via @filapek<\/p>\n
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