Be smart, not scared. If they do the scared thing and someone grabs hold of them, then they'll kick and hit, and it won't get them anywhere. |
I can't see any particular catalyst for the market going lower because there is the prospect of economic recovery, and improving expectations for economic growth in due course should feed through to improving expectations for earnings and should stop undermining apparently bad valuations. |
I have searched high and low to figure out what we can do with this, |
It's pretty amazing that 25 years after his death, people still honour him. |
Kenya is a multi-party democracy and a modern world which has a benefit of hundred years of experience and debate from around the world on the subject of free speech and the accumulated wisdom that a free press is the essence of democratic governance, which makes government action during the standard raid so mystifying. |
Next week we have a raft of earnings in the tech sector, with STM, Philips and Nokia. We have got to see evidence that if the bad news is not turning into good news, then at least the bad news is slowing, |
Next week we have a raft of earnings in the tech sector, with STM, Philips and Nokia. We have got to see evidence that if the bad news is not turning into good news, then at least the bad news is slowing. |
Once we get the hyperventilation out of our system, we will then drift a bit and have another go on the upside, |
Once we get the hyperventilation out of our system, we will then drift a bit and have another go on the upside. |
The courts and judicial system appears to have been bypassed entirely. There was no court order and no search warrant which was issued to the Standard media and yet property was seized and newspapers were destroyed. |
The market is nervous and finds it difficult to shrug off news like this. |
The market is priced for recovery but we need to see a definitive improvement in earnings expectations for large cap sectors such as banks, telecoms, and healthcare, if we are to push higher and we have yet to see that, |
The market is priced for recovery but we need to see a definitive improvement in earnings expectations for large cap sectors such as banks, telecoms, and healthcare, if we are to push higher and we have yet to see that. |
The recent volatility reflects the debate in the market but I think we may well have touched bottom in the current cycle. |
The risk is on the upside, because the market knows that we are at the end of the earnings cycle, it's just that earnings are not turning as fast as many had hoped. |