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Archive for the ‘Economy’ Category

Notimex – According to the agency, this indicator includes preliminary information from different sectors such as agriculture, industry, commerce and services, and shows the trend or direction of the Mexican economy in the short term.

Based on seasonally adjusted basis, indicates that while the primary activities fell 1.66 percent in December from the previous month, secondary activities increased 1.0 percent and 0.49 percent to tertiary.

Stresses that the primary activities (agriculture) fell 0.5 percent annual rate in the last month of 2009, derived from the lower area harvested spring-summer cycle, which meant a drop in the production of crops such as maize grain , avocado and lemon, among others. Read the rest of this entry »

The government, which is a euphemism, has estimated the new budget presented in October, based on a barrel of oil at $ 40 and estimates a GDP increase of 2 percent with inflation at between 23 and 25 percent for next year.

Nothing is further from the truth. First, the obvious government or hides the impact of inflation on the relative increase of 28% of budget compared to the previous year while the underestimates by placing in 25% when surely be much closer to 30% which implies that the budget is actually lower than the current year and this will force the use of “other sources” of funding, which has become his favorite sport.

Also the “euphemism” hides what to do with the price differential between the $ 40 projected in the budget and the current oil price, which moves, with an upward trend, around $ 70 for the Venezuelan basket. Although it is not difficult to imagine the fate of this differential. Read the rest of this entry »

This article will show a brief personal reflection on the current American economic situation.

The expectations of growth in Latin America over the past decade were fueled by a naive illusion competitive. For most of our leaders was quite obvious that just opened commercially was once synonymous with success and imminent, hence the high expectations that were formed on the opening process in Latin America. However, the institutional framework and the actual preparation of our countries was insufficient, and even one might think that the logic of market mechanisms of state intervention concepts and Industrial Policy passed from the scene for several years. Today seems to be consensus to say that the processes of globalization are increasing the gap between the developed and the developing world.

Our collective unconscious soon showed their destructive reach the end saturated domestic markets for imported goods which are not always supposed good quality and thousands of unemployed and bankrupt companies, only until then did the studies of the impact of the opening in the small medium and large companies, which were quite revealing and some unexpected. In this must include the operation of distribution networks and the problems of speculative financial weakness showed the American and our inability to respond adequately to the challenges of opening, with the consequent disruption in the aggregate production and employment. Read the rest of this entry »

Right now the best option is to rent.
There is no comparison of quality of life among those who are mortgaged to 25 or 30 years and those that are for rent.

The rent is no contribution expenses.

The costs of reforms or failure are borne by the owner.

If you find bad neighbors, just change apartment.

If one of the two becomes unemployed and can not afford the current, you can switch to a cheaper.

In France and Germany dominated the rent above the purchase. There must be some.

Choose to purchase only if a unique or if you have the most money in the cost of the floor. Interest rates will rise again. Mortgage in 30 years a lot can happen.

Attention because at different times, the media in general and on all other interested developers and alert us that it is the right time to buy. CASE NI.

In Japan before and during the fall of the floors (between 60% and 80%) fired several times the false news that had to buy. (False sense of lowering of the floors).
(Remember that Japanese interest rates are at 0.10%)

Here in Spain, it is likely that those who do not need it do not sell and is merely waiting to raise the demand to sell at least the same price they bought. This situation is worse, because the story instead of dropping in a quick adjustment, will do likewise, the same percentage, but very slowly, and the stalemate could last years.

As the stock market could only expect a drop in case of catastrophic news (bombings, etc.) or if the economy returns to fall sharply.
Perhaps the debt crisis spread to England and the U.S., more indebted countries Spain, and there would be the end point.

Moreover, we are at the right time to make contributions by equal periodic (monthly, pending a long-term rise of the bag)

For those operating in the short term, to say that institutions are selling and there are quite a lot of volatility, so the best are the sale and oscillators indicate overbought: RSI, MACD, Momentum, etc..

European shares move finally comfortable in the field of procurement. After yesterday bulls rampant on Wall Street, investors are betting the Old Continent this morning by taking positions convinced that the move announced yesterday by the Bank of Japan will reply in the other central banks. The FTSE up just over 1% and strengthens the 10,700 points.

Trust is a scarce commodity in the markets, and therefore valuable. So when is a good amount and the bags uncover the jar of essences. That is what happened yesterday in New York, where gasoline was scarce bullish at any time. The Japanese example put things in place, and soon a member of the Fed, Evans, said the agency should do more to support economic recovery.

To make matters worse, the macro this time did his part to the ISM Services posted a better than market expectations, which eventually accelerate purchases on Wall Street. The good news is that the S & P 500 broke with volume (now I) the resistance of the 1,150 points, and carried on wings to other selective.

Link Securities analysts expect European stock markets continue climbing positions today, encouraged by the good end of Wall Street and the positive performance of Asia, where the Nikkei has added 1.81%. So, the only data that can move the market further employment report will be published by the private consulting ADP, which is expected to create 20,000 jobs. Read the rest of this entry »