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junioraftz
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Vietnam's Stock Market Year In Review, Bull Market Ahead

Posted

Click on charts and graphs to expand. [Banks] get this huge spread to partially amortize the hit [they"re] taking on the zero value bonds every year which are collateral for these loans that [they] are making right now, the commercial lending rate is about 13%, so if [they"re] able to borrow at half the face value of [their] loans, that mean [they"re] going to get a spread on [their] lending thats something to offset against the hit [they"re] required to take [of 25% annually on the bad loans]. [People should give the government] credit for what theyve done so far they stabilized the banks, they did a good job on that. They imposed a lot more credential regulation on the banks The government has also kept the system flush with liquidity whenever necessary loan-deposit ratios are now very sensible My own feeling is that [NPLs] have been contained, they are not going to grow from here, but bank balance sheets will start to expand as interest rates keep getting cut, and new lending comes on stream slowly but surely, the economy will grow and this whole NPL thing will become a receding force within the economy. Not overnight, but in the next few years. After a 34% jump in Vietnams stock exchange index, the VNI, between November 27, 2012, and April 1, 2013, the exchange best stocks to buy today has settled into a trading range the remainder of the year. Mr.
Full story: http://www.forbes.com/sites/jo nspringer/2013/12/30/vietnams- stock-market-year-in-review-bu ll-market-ahead/

In Quest For Obama Library, Hawaii Plays Underdog

Posted

Tom Apple, the chancellor of the University of Hawaii at Manoa, said he understands Obama"s reluctance to discuss his hopes for a future library this early. Apple recalled a conversation years earlier when he was University of Delaware provost and pitched Joe Biden on building a "Biden Center" at the vice president"s alma mater. "He was the vice president, so he said, "I can"t engage in any of that while I"m sitting. So go forward, try to do all these great things, but we have to wait until I"m out of office until we can do any of these kinds of things formally,"" Apple said. ___ Reach Josh Lederman on Twitter at http://twitter.com/joshlederma nAP Also on HuffPost: Loading Slideshow Obama Holds Final Primary Night Event In St.
Source: http://www.huffingtonpost.com/ 2013/12/28/obama-library-hawai i_n_4511988.html

Obama faces smattering of protests on Hawaiian vacation

AFP PHOTO/Jewel SAMAD (Photo credit should read JEWEL SAMAD/AFP/Getty Images) US-POLITICS-OBAMA-VACATION US President Barack Obama heads back to his vacation home after working out at a gym at the Marine Corps Base in Kaneohe Bay in Hawaii on December 27, 2013. The first family is in Hawaii for their annual holiday vacation. AFP PHOTO/Jewel SAMAD (Photo credit should read JEWEL SAMAD/AFP/Getty Images) US-POLITICS-OBAMA-VACATION US President Barack Obama and First Lady Michelle Obama is seen leaving their vacation home for a hiking trip Kailua, Hawaii, on December 26, 2013. The first family is in Hawaii for their annual holiday vacation. AFP PHOTO/Jewel SAMAD (Photo credit should read JEWEL SAMAD/AFP/Getty Images) US-POLITICS-OBAMA-VACATION US President Barack Obama (R) talks to members of the military and their families as First Lady Michelle Obama looks on during a Christmas dinner in Anderson Hall at Marine Corps Base Hawaii in Kaneohe Bay, Hawaii, on December 25, 2013.
Source: http://www.aol.com/article/201 3/12/28/obama-faces-smattering -of-protests-on-hawaiian-vacat ion/20796747/?ncid=webmail1&a_ dgi=aolshare_facebook

AOL.com Article - Obama faces smattering of protests on Hawaiian vacation

President Barack Obama returns to Obama"s vacation home in Kailua, Hawaii December 28, 2013. Credit: Reuters/Kevin Lamarque KAILUA, Hawaii (Reuters) - The serenity of President Barack Obama"s Hawaiian vacation was rattled a little on Saturday when demonstrators aired grievances against unmanned aircraft and other issues in a small protest zone near the first family"s upscale rented house. Returning from an early morning gym visit at nearby Marine Corps Base Hawaii, Obama"s motorcade passed a few dozen protesters holding signs with slogans including "Drones: Unethical and Illegal," "U.S. Bases Out" and "Close Guantanamo Now." Others expressed their opposition to genetically modified foods. It marked a second day of peaceful protest surrounding Obama, who is spending a two-week vacation in Kailua with wife Michelle, daughters Malia and Sasha, the first lady"s mother, Marian Robinson, and the family"s Portuguese Water Dogs, Bo and Sunny. On Friday evening, as many as 27 protesters turned out to demonstrate against the Trans-Pacific Partnership trade pact being negotiated between the United States and several Asian and South American countries.
Source: http://www.reuters.com/article /2013/12/28/us-usa-obama-prote sts-idUSBRE9BR09Q20131228

Drudge Report tars Obama and Clinton with "impeachment"

Its something that is very much on the presidents mind, said Cecilia Munoz, chief domestic policy advisor to the president. And, happily for us, its something thats also on the popes mind. Yes, theres alot on this popes mind, and well get tothat in just a moment. Lets go back to something that seems to have glided by editors at The Los Angeles Times: Obama, who has never spoken to Francis, simply found the pontiffs recent statements impressive, they said. Ive never worked in The White House and cant really judge how a president should or shouldnt act, but is it really unheard of for a POTUS to at least schedule a phone conversation with a pontiff once said pontiff is elected? Vatican City is a state with which the United States has diplomatic relations, and Pope Francis is the chief executive of that state. Yet Obama hasnever spoken with him? Not even after both men becameTimes Person of the Year?
Source: http://www.patheos.com/blogs/g etreligion/2013/12/latimes-con gregationalist-obama-quotes-po pe-francis/

LATimes: 'Congregationalist' Obama quotes Pope Francis

28, 2013, The Drudge Report lede headline first was written as " Impeached Pres. to swear in NYC mayor." Later, the headline was changed to "Impeached Clinton to swear in NYC mayor," searing the Clinton name to the taint of his disgrace. Arguably, now would not be a good time for Hillary to announce a decision to run for the White House in 2016. Imagine how an all caps Drudge Report headline reading, "Impeached President"s wife says she will run for presidency," would play. However, what"s certainly more shocking than today"s Drudge Report headline is the DNC attempt to rally Democrats voter contributions by using the "I" word. The subject line of a recent DNC email to "Obama for America" supporters was, "Impeachment." According to the Daily Caller , the DNC suggested that "Republicans are actually excited about the idea of winning a majority in elections 2014 in order to impeach Obama.
Source: http://www.examiner.com/articl e/drudge-report-tars-obama-and -clinton-with-impeachment-rhet oric

President Obama Spent $684 Million to Get Elected. You"ll Never Guess How Much Wall Street Chipped In

As he returned to his vacation home, demonstrators waved signs representing various causes outside a blocked-off street leading to his neighborhood. NORTH SHORE BBQ: The first family joined longtime Obama friend Bobby Titcomb for an afternoon barbecue at Titcombs home in Waialua, an historic sugarcane plantation town on Oahus north shore. As he left Kailua alongside the first lady, Obama sipped a soda while wearing an aloha shirt. The presidents motorcade took them along Oahus main highway and up past Schofield Barracks, a U.S. Army garrison attacked during the 1941 Pearl Harbor bombing and setting for the 1953 Burt Lancaster movie From Here To Eternity. Copyright 2013 The Associated Press.
Source: http://www.washingtonpost.com/ national/president-barack-obam as-hawaii-vacation-day-8/2013/ 12/28/9f38350e-701c-11e3-a5d0- 6f31cd74f760_story.html

President Barack Obama's Hawaii vacation: Day 8

In only minutes, you can learn the critical facts you need to know in a special free report called Everything You Need to Know About Obamacare . This go here now FREE guide contains the key information and money-making advice that every American must know. Please click here to access your free copy. Fool contributor Patrick Morris has no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs.
Source: http://www.fool.com/investing/ general/2013/12/28/president-o bama-spent-684-million-to-get- elected.aspx

Insider-trading Case May Hinge On Phone Call

Posted

16, 2013 6:37 p.m. ET The fate of Michael Steinberg, the SAC Capital Advisors LP portfolio manager accused of insider trading, could come down to what jurors think of a two-minute phone call. The phone call was between Mr. Steinberg and former SAC analyst Jon Horvath, who worked under Mr. Steinberg and, according to court documents, is the only witness who can connect his former boss to the alleged insider-trading conspiracy.
Source: http://online.wsj.com/news/art icles/SB1000142405270230394950 4579262503869947722

High-Speed Trading, Interest Rates Pose Risks, Treasury Says

"High-frequency trading poses several potential financial stability risks, suggesting that closer monitoring may be warranted." Tuesday"s findings by the OFR could fuel the long-running debate about whether high-frequency trading helps or harms market liquidity, and whether it should be reined in. Its conclusions are particularly important because the Treasury office is tasked with providing economic research that informs the policy decisions of a U.S. council of regulators who are charged with policing financial markets for systemic risks. That council, known as the Financial Stability Oversight Council, has the power to classify large non-bank financial firms as "systemic" - a tag that carries high capital costs and strict oversight by the Federal Reserve.
Source: http://www.foxbusiness.com/ind ustries/2013/12/17/treasury-mo re-monitoring-needed-high-spee d-trading/

Trading first baseman remains Alderson"s top priority

The top priority for the Mets" general manager remains trading of one of his first basemen, Ike Davis or Lucas Duda, even if no deal is urgent. "We"re not anxious about it," Alderson said Tuesday at the Mets" annual Citi Field holiday party for local schoolchildren. Yet the first-base market has grown clearer even since Alderson left the Walt Disney World Swan & Dolphin Resort last week, perhaps paving the way for an imminent deal. The Rays have since re-signed James Loney to a three-year contract, reducing the Mets" list of obvious trade partners to two: the Brewers and Pirates. "It"s smaller, both on the supply side and the demand side," Alderson said of the first-base market.
Source: http://mlb.mlb.com/news/articl e/nym/trading-first-baseman-re mains-mets-gm-sandy-aldersons- top-priority?ymd=20131217&cont ent_id=66037740

Treasury: More Monitoring Needed of High-Speed redirected Trading

Those incidents include the May 6, 2010, "flash crash," Nasdaq OMX"s botched rollout of Facebook"s initial public offering in 2012, a software error and $440 million trading loss at Knight Capital that same year, a flood of erroneous options trades earlier this year by Goldman Sachs, and a three-hour trading outage due to a processor outage at Nasdaq, also earlier this year. While many of these incidents were not blamed on high-speed trading, they have led regulators to take a closer look at whether market structure reforms are needed. The report cites these events, as well as natural disasters such as 2012"s Hurricane Sandy and also cyber attacks, as examples of operational risks to the markets. Research on high-frequency trading has been mixed, with some reports showing it improves market liquidity and others suggesting it may disadvantage some investors. The U.S. Securities and Exchange Commission, which oversees equity markets, recently launched a new website full of data to help inform whether policymaking is needed to target high-speed trading.
Source: http://uk.reuters.com/article/ 2013/12/17/usa-treasury-tradin g-idUKL2N0JW0TH20131217?feedTy pe=RSS&feedName=rbssFinancialS ervicesAndRealEstateNews

Investor Relations" Role In Steinberg"s Insider Trading Case Is Missing

Fernando Caignet Aguilera, 64, was cited by officials December 10 after he trapped the 4-foot alligator at a nearby park and brought it to the Santa Ana Market, according to Florida Fish and Wildlife Conservation Commission spokesman Jorge Pino. Aguilera then walked up to the counter asking for a 12-pack of beer in exchange for the alligator. The clerk called Miami police instead. Pino told CNN that never in his 25-year career in law enforcement has he heard of a person capturing an alligator for the purpose of exchanging it for alcohol -- or anything, for that matter.
Source: http://www.cnn.com/2013/12/17/ justice/man-tries-to-trade-gat or-for-beer/index.html

Florida man tries trading live gator for beer

17, 2013 /PRNewswire/ --Tethys Technology"s trading platform the TethysEMS won " Trading System of the Year - Buy-Side" at the Futures and Options World International Awards in London.The awards recognize excellence among providers to the institutional trading industry as determined by a panel of independent judges who reviewed award submissions from brokerage firms, exchanges and financial technology providers. Determinations were based on the level of innovation and client satisfaction applicants illustrated over the last year, as well as their positive impact in the market. FOW announced the winners at an awards ceremony held in London. Will Mitting, the Editor and Publisher of FOW said when announcing the award that "The judges were bowled over by the overwhelming positive responses that they received about the TethysEMS." The TethysEMS is one of the most powerful and flexible cross-asset, broker-neutral algorithmic trading platforms available today. The TethysEMS offers unique hedging and gamma trading analytics that maximize profitability and it is the only platform to combine sophisticated alpha detection with optimal trade execution. The platform includes trading strategies for equities, derivatives, cross-assets and FX, while also enabling users to test and deploy their own trading strategies. Tethys has a dedicated research effort focused on market microstructure, with experts in applied quantitative finance and computing.
Source: http://www.thestreet.com/story /12157695/1/tethys-technology- inc-wins-trading-system-of-the -year-at-the-futures-and-optio ns-world-international-awards. html

Tethys Technology, Inc. Wins "Trading System Of The Year" At The Futures And Options World International Awards

Starting in January, ticks for Topix 100 stocks priced above 30,000 yen will be reduced by a factor of 10. Japanese Shift The Japanese shift comes as the U.S. debates whether to widen ticks for smaller companies. Representatives from American exchanges, brokers, mutual funds and regulatory agencies held two conference calls on Dec. 3 to discuss concerns about market structure, including tick sizes, two people with knowledge of the matter told Bloomberg News .
Source: http://www.bloomberg.com/news/ 2013-12-16/faster-japanese-tra ding-predicted-by-brokerage-gi rding-for-shift.html

Faster Japan Trading Predicted by Broker Girding for Shift

The Treasury also pointed to risks related to securities financing transactions in repurchase agreements , which it said is exposed to the risk of runs and fire sales. Even as the U.S. budget deficit is declining and lawmakers have agreed on a spending plan for this fiscal year, the Office of Financial Research said uncertainty about the U.S. fiscal outlook could threaten markets. Fiscal Brinkmanship Future episodes of fiscal brinkmanship could in the short run result in abrupt, destabilizing changes in government bond prices, the report said. Longer-term risks include the potential erosion of Treasury debt as a global benchmark and the U.S.
Source: http://www.bloomberg.com/news/ 2013-12-17/high-speed-trading- interest-rates-pose-risks-trea sury-says-1-.html

U.S. Treasury calls for more monitoring of high-speed trading

and will spend as much time with them as we would someone who owns five percent of the company, Tyson said. Tysons comments went further to state that the way the Securities and Exchange Commission measures disclosure is whether or not proper filings have been made on EDGR , whichcreates and distributes company data and public filings for equities, mutual funds and other publicly traded assets. Most average investors dont know about Edgar [EDGR] so theyre getting their information through the media or through the press release so that leaves a huge opportunity here, on the web, through blogging, to provide information to shareholders. This access to IR has the appearance of giving a level playing field, and we can assume that that is how Dell/Tyson viewed this more open interaction with shareholders. However, if you are the individual who has no idea what Edgar is, then how do you compete to get the same information that a hedge fund analyst could obtain? You cant. Financial markets are funny in that the individual investor feels that he/she is just as qualified as a professional to make investment decisions.
Source: http://www.forbes.com/sites/wa lterpavlo/2013/12/17/investor- relations-role-in-steinbergs-i nsider-trading-case-is-missing /

Obama To Review Changes In Spy Policy

Posted

Post to Facebook Obama to review changes in spy policy federal student loan forgiveness program on USATODAY.com: http://usat.ly/1bCB1F2 Incorrect please try again A link has been posted to your Facebook feed. Sent! A link has been sent to your friend"s email address. 46 View reader contributions and add your own related to this story. Sign in now to share your story. Sign in with FacebookSign in with Google+ Be first to contribute Add Videos or PhotosBe first to contribute Add Videos or Photos You"ve contributed successfully to: Obama to review changes in spy policy Thanks!
Source: http://www.usatoday.com/story/ news/politics/2013/12/13/obama -snowden-national-security-age ncy-study-group/4015713/

Obama honors Sandy Hook victims while renewing call for tighter gun laws

They also lit a candle for each victim during a White House event. We have to do everything we can to protect our children from harm and make them feel loved, and valued and cared for, the president said. Twenty children and six adults were killed in the Dec. 14, 2012, massacre in Newtown, Conn. The shooter, Adam Lanza, who fatally shot himself after the shooting spree, had a history of mental illness.
Source: http://www.foxnews.com/politic s/2013/12/14/obama-remembers-s andy-hook-victims-while-renewi ng-call-for-tighter-gun-laws/

Obama Marks First Anniversary of Newtown Shootings

The fact checkers at the Tampa Bay Times" PolitiFact have given Obamatheir annual "Lie of the Year" award for this statement: "If you like your doctor, you can keep your doctor. If you like your private health insurance plan, you can keep your plan."(Via The White House ) "If you like your current insurance, you will keep your current insurance."(Via Fox News ) "If you like your health care plan, you will keep your plan."(Via C-SPAN ) The president said thisover and over again while trying to sell Americans on the idea of the Affordable Care Act before its launch,and it was comforting for Americans who worried about the government makingunwanted changes to their existinghealth care plans. But once the act was officially in place, "If you like your health care plan, you can keep it," was a promise that couldnot, in fact, be kept. (Via Healthcare.gov ) Four million people received cancellation letters saying they couldn"t keep their current health insurance. And President Obama was forced to apologize.
Source: http://www.ajc.com/news/news/n ational/obamas-you-can-keep-it -promise-wins-lie-year/ncK7Z/

Obama"s "you can keep it" promise wins "lie of the year"

The victims were educators and kids that could have been any of our own, and our hearts were broken for the families that lost a piece of their heart, for the communities changed forever; for the survivors, so young, whose innocence was torn away far too soon. The shooting in Newtown claimed the lives of 20 children and six faculty members at Sandy Hook. The shooter, Adam Lanza, also killed his mother before the massacre and eventually turned his gun on himself. Underneath the abiding sadness that will always accompany memories of that day, the president said, is a sense of resolve - that these tragedies must end, and that to end them, we must change. It was a message the president also delivered in a speech only days after the shooting, when he called on Americans to reflect on a spate of recent mass shootings and questioned whether the country was really doing all it could to prevent them. In his address on Saturday, Mr. Obama praised the parents of Newtown - men and women, impossibly brave, who stepped forward in the hopes that they might spare others their heartbreak.And they were joined by millions of Americans - mothers and fathers, sisters and brothers - who refused to accept these acts of violence as somehow inevitable. Those parents have been the tip of the spear in efforts to strengthen Americas gun laws following the shooting, but those efforts have largely been stymied throughout 2013 .
Source: http://www.cbsnews.com/news/ob ama-we-havent-yet-done-enough- after-newtown/

Obama: "We haven't yet done enough" after Newtown

Coast Guard said. The other eight people survived, Petty Officer Stephen Woodbury said. One person swam ashore, a Maui Fire Department helicopter picked up four, and a Coast Guard helicopter rescued three. Fuddy was director of the state"s health department. "Our hearts are broken," Gov. Neil Abercrombie said in a prepared statement.
Source: http://www.cnn.com/2013/12/12/ us/hawaii-health-director-obam a-birth/index.html

Obama Names Katie Fallon As New Legislative Affairs Director

Get the latest Flash player . Indias Red Brigade Hits Back at Attackers of Women i X December 13, 2013 In northern India, a group of young women are taking the fight against sexual harassment and assault into their own hands. Their mission - to confront the men who attack women - is receiving renewed attention following the brutal gang rape and murder of a young woman in the Indian capital a year ago. VOA correspondent Aru Pande has more on the "Red Brigade" from Lucknow. Video Indias Red Brigade Hits Back at Attackers of Women In northern India, a group of young women are taking the fight against sexual harassment and assault into their own hands. Their mission - to confront the men who attack women - is receiving renewed attention following the brutal gang rape and murder of a young woman in the Indian capital a year ago.
Source: http://www.voanews.com/content /obama-marks-first-anniversary -of-newtown-shootings/1810309. html

Hawaii official who confirmed Obama birth certificate dies in crash

Fallon has been deeply involved in the White House"s public response to the health law"s problems, creating "strike force" communications teams of Democrats from the House and Senate to coordinate the message of the day. She is a protege of New York Democratic Sen. Chuck Schumer and helped run his communications "war room" for the Senate Democratic leadership before she moved to the White House earlier this year. Obama announced Fallon"s new position in a written statement. "She has the deep expertise and strong relationships required to build on the progress we"ve made this year and advance my top priority: creating jobs and expanding broad-based growth and opportunity for every American," it said. ___ Follow Nedra Pickler on Twitter at https://twitter.com/nedrapickl er Also on HuffPost: Joe Biden, Vice President (Win McNamee/Getty Images) John Kerry, Secretary of State (Chip Somodevilla/Getty Images) Jack Lew, Secretary of the Treasury (Jessica McGowan/Getty Images) Chuck Hagel, Secretary of Defense (Alex Wong/Getty Images) Eric Holder, Attorney General (Photo by Chris Graythen/Getty Images) Sally Jewell, Secretary of the Interior (Photo by Ethan Miller/Getty Images) Tom Vilsack, Secretary of Agriculture (SAUL LOEB/AFP/GettyImages) Penny Pritzker, Secretary of Commerce (AP Photo/J.
Source: http://www.huffingtonpost.com/ 2013/12/13/obama-katie-fallon_ n_4440767.html

Forex - Aud/usd Down After Trade Figures, Cash Rate Ahead

Posted

The dollar last traded at 102.93, with option barriers seen at 103.00/25. A break there should pave the way back to its 2013 peak of 103.74 set in May. Sterling bought 168.32 yen, while the New Zealand dollar traded at 84.30 yen, near a 6-1/2 month high of 84.41 set overnight. The yen"s decline against the euro was modest as investors also shunned the common currency after disappointing euro zone data. A survey showed euro zone factory activity accelerated at its fastest pace in over http://www.etftradingsignals.c om/ two years last month, but markets were concerned about a downturn in Spain.
Source: http://www.reuters.com/article /2013/12/02/markets-forex-idUS L4N0JH4BG20131202

dollar on Monday, after upbeat U.S. data but still remained within close range of 27-month highs as data showed that activity in the U.K. manufacturing sector expanded at the fastest rate in 33 months in November. GBP/USD hit 1.6343 during U.S. morning trade, the session low; the pair subsequently consolidated at 1.6354, down 0.11%. Cable was likely to find support at 1.6278, the low from November 28 and resistance at 1.6450.
Source: http://www.nasdaq.com/article/ forex-gbpusd-slips-but-remains -near-27month-highs-cm308104

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The dollar saw support earlier after the Institute for Supply Management reported that U.S. manufacturing activity in November expanded at its fastest pace since April 2011, fueling expectations for the Federal Reserve to begin scaling back stimulus measures in early 2014. Stimulus measures such as the Fed"s USD85 billion in monthly bond purchases weaken the dollar by driving down borrowing costs to spur recovery, and talk of their dismantling the product of advancing economic data tends to firm the dollar"s value. The ISM manufacturing purchasing managers" index rose to 57.3 in November from 56.4 in October. Analysts expected the index to fall to 55.0. In Asia Tuesday, USD/JPY traded at 103.15, up 0.20%.
Source: http://www.moneycontrol.com/ne ws/rupee/forex-aud-usd-down-af ter-trade-figurescash-rate-ahe ad_1001170.html