Thursday 10 February 2011
It seems that we can escape the negative emotion of higher interest rates down the road. Stock basiati are usually down with most players wary about rate hike in China yesterday. Hong Kong-based economist at Credit Agricole, says: "global markets can begin to see frequent walking as a slow rate of growth in China is inevitable. But in the end, the break you can see a sign of strength, with solid growth boom that allows policy makers to raise the rates ". The guy probably means that in no financial sources are worried about stopping the growth boom in China. Only have to cool inflationary forces before it more successful structurally prevents growth.
Real prices has been important for China since 2007 with the related asset prices if in the Olympics. In fact, the real prices have cooled, but commodity prices moved higher.
In the Philippines, the real prices with security crawls up also among developers. I'm not sure if the confidence of developers is reliable enough, but I have been exposed through the mass media that it plans to beat its record of vrchibio residential property PhP50billion in 2010 with double-digit growth for at least 2011. Take-up sales by police in 2010 FLI were very encouraging. Police disclosed sales of PhP39.6bn (+51%) While the FLI said sales were PhP9.9bn (+42%). Should be very good prospects for 2011 as Bank country of players more aggressively walked up with suggestions for FTI-103 property from police affiliate to me PhP14billion above the minimum price of PhP13billion DoF. Special offer for it to be an electrical property last month, the amount of mshtpi.
Strong fundamentals but certainly will control the emotion and the property they stock trend between players the worst YTD: police (17%), electrical (14%), and FLI (11%). I mention it is because our seminar last week, our analyst to put some stock symbol using the Stock Screener of Benjamin Graham, electric stood out. I also report large byte property having a top stock pick like electrical. Considering the interest shown by some readers of this blog, I thought it appropriate to mention the electric sector which are property and be a smart and economical defensive valuations.
I was not realize the impact of January this year. In fact, the market was very negative January take even lower in February. Net foreign selling, although still not have slowed down. Emotion will eventually through the basics. It would be a smart stick to stock with strong foundations.
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