The job loss data provides a buying opportunity in dollar and US stocks
Peter Oberois
Apr. 4, 2008

The gloom and doom ends when the Wall Street and Main Street agree that the recession is here. The gloom is ending at least for the time being till the general elections in November.

US economy shed 80,000 jobs. The unemployment rate edged up to 5.1%. But the unemployment data is a lagging indicator. The market is looking forward by six or more months.

The way stock market and the dollar handled the data is very encouraging. A solid base building is going on before an upward blast in prices.

The job loss data provides a buying opportunity in dollar and US stocks
Peter Oberois
The gloom and doom ends when the Wall Street and Main Street agree that the recession is here. The gloom is ending at least for the time being till the general elections in November.
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Putin warns NATO on Russian retaliation on new members and missile defense systems
Karen Zuba
Russian President met with NATO leaders on the sideline and warned them not to bring in new members or allow a U.S. missile-defense shield in Eastern Europe at the expense of Russia's security.
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A better than expected factory orders ready to surprise most of the economist – bullish for dollar, real estate and stocks
Alan Hershey
The rally in stock market will be short lived although it will be fierce. It is a cyclical bull rally within a nasty secular bear market that started in 1987. The US Dollar is in a new long-term bull market.
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US manufacturing and construction ready to lead the rally in US dollar and real estate
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The gloom and doom is over. US economy is on the move again. US manufacturing and construction as predicted in India Daily and conformed by today’s data point to sharp recovery in the making.
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Higher Purchasing Managers index, decelerating weakness in construction spending, and loss of jobs marks stability and fun fundamentals for rally dollar and stocks
Jeff Cantor
Both of these data due this week will show improvement over the last month. The job losses will be restricted to 50,000 level and perhaps surprise many with a slight gain payroll number.
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US Dollar, stocks and real estate ready to rally as new financial overseers, SEC-CFTC merger
Kara Zeilig
The fundamentals now are leaning to the theory. US Dollar, stocks and real estate ready to rally as new financial overseers, SEC-CFTC merger are proposed by Treasury Secretary Henry Paulson.
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American consumers start saving with moderation on consumption – bullish for US Dollar
Peter Oberois
US Dollar is in a stealth bull market. The sentiment and fundamentals are right. American consumers start saving with moderation on consumption. It is bullish for US Dollar and US economy for the long term.
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Chinese banks hit badly with American subprime mortgage losses – time to sell Chinese bank stpcks?
Peter Oberois
China will continue to raise interest rates. Yuan will also continue to appreciate against US Dollar. The net effct on the Chjinese banks is dicidedly negative.
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