{"id":60398,"date":"2012-08-10T10:16:21","date_gmt":"2012-08-10T00:16:21","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2012\/08\/10\/your-editor-on-twitter-104\/"},"modified":"2012-08-10T10:16:21","modified_gmt":"2012-08-10T00:16:21","slug":"your-editor-on-twitter-104","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2012\/08\/10\/your-editor-on-twitter-104\/","title":{"rendered":"Your Editor On Twitter"},"content":{"rendered":"

\n\tBy Rudi Filapek-Vandyck<\/span>, Editor FNArena<\/span><\/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<\/span>, 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<\/span> 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<\/span>.<\/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– Barclays lowers China GDP forecasts to 7.7% y\/y in Q3<\/span> and 8.1% in Q4<\/span>, resulting in 7.9% growth for the full year. Mild recovery for H2<\/span> thus<\/p>\n

\n\t– Another set of weak data from China puts thesis about "imminent basing" econ<\/span> to the test, but stimulus and rate cuts should not be far off<\/p>\n

\n\t– Oz banks expensively priced, yet not at extreme levels, suggesting there's still some potential upside (but beware for inevitable retreat)<\/p>\n

\n\t– Barclays: "We remain unconvinced that investors should chase the low volume 'wall of worry' August rally”<\/p>\n

\n\t– GS<\/span>: feels like market has gotten a bit ahead of itself; very little evidence that encourages Fed with another significant round of QE<\/p>\n

\n\t– FX anticipated to become a drag on US corporate earnings in Q3<\/span> and Q4<\/span> this year http:\/\/alturl.com\/3yccy<\/span><\/p>\n

\n\t– Barrage of broker downgrades this morning: Boral, Credit Corp, Challenger, Charter Hall, Cochlear, Dexus, GPT, Investa, CPA and Telstra<\/p>\n

\n\t– UBS observes at 2.3x book, CommBank (CBA) shares are now among most expensive banks in the world. Can the upcoming result sustain this?<\/p>\n

\n\t– Observes Macquarie: "the last twelve months has seen one of the biggest commodity sell-offs outside a global recession in history"<\/p>\n

\n\t– Marc Faber is positive on equities short term, but negative post the current rally. He too cites US earnings outlook http:\/\/goo.gl\/u1dY9<\/p>\n

\n\t– DB US strategist David Bianco is worried about Q3 earnings outlook. Thinks negative growth will become apparent, rare outside recessions<\/p>\n

\n\t– Risk Assets continue drawing confidence from central bank support. NAB predicts AUD\/USD will remain inside 1.0540-1.0600 range today<\/p>\n

\n\t– Good story on "investing" – cannot be repeated often enough http:\/\/bit.ly\/Rykltw<\/p>\n

\n\t– Barclays predicts new Chinese leaders will be less ’growth minded’, instead more focused on rebalancing economy and structural reforms<\/p>\n

\n\t– Bravest Call (thus far) in Oz: Macquarie declares the end of the Big Commodities Boom and US equities are to benefit, bond yields remain low<\/p>\n

\n\t– Meanwhile in the background… US banks prepare for euro fallout by telling clients to either restructure contracts or go find another bank<\/p>\n

\n\t– BA-ML switches preference to gold instead of industrial commodities. Thus Regis Resources (RRL) instead of Fortescue Metals (FMG)<\/p>\n

\n\t– My take on August reporting season in Oz: more downgrades afoot, not just in Oz. How will FY13 estimates be impacted? http:\/\/bit.ly\/NYjezE<\/p>\n

\n\t– Macquarie's Best Idea for today is… a switch out of Rio Tinto into BHP Billiton. Strategists note Rio has been an awful "best idea" prior<\/p>\n

\n\t
\n\tYou can add my regular Tweets on Twitter via @filapek<\/p>\n

\n\tFind out why FNArena subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

This week’s Tweets on Twitter by Your Editor.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/60398"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=60398"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/60398\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=60398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=60398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=60398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}