Principais Índices Mundiais:

Sunday, May 15, 2011

“Boldness has genius, power and magic in it.”

This phrase attributed to Goethe is driving my way right now. That's why I'm not writing so often here. I'm glad for the growing visits but I received a great opportunity a few weeks ago and I'm devoting all my free time to it. All that I wanna say is: "if you want something, go for it no matter how long it takes to reach."
Well, I'm already posting something personal so I'll continue it and share with all the visitors a great master piece written by Antonin Dvorak, my favorite artist related to classical music.
I believe every composition made by Dvorak is very powerful, I mean, when I listen to this I feel alive, willing to do everything that I wish to do but I also feel calm, thoughtful and serene...enjoy it. One more detail: I guess this record is not the best one, the one that I have is played by Prague Philharmonic and I believe the spalla is Isabelle Faust.
Finnaly, I would like to share a speak of Jack Abramoff in 'Casino Jack' movie:


"You know, I do a shit load of reading, and studying, and praying, and I've come to a few conclusions i want to share.
People look at Politicians and Celebrities on the TV and Newspapers, glossy Magazines and what do they see? “I'm just like them”. That’s what they see. “I'm special. I’m different. I can be just like them.” Well guess what? You can’t!
You know why? Because in reality, mediocrity is where most people live. Mediocrity is the elephant in the room. It’s ubiquitous. Mediocrity is in your schools, in your dreams. It’s in your family.
Those of us who know this, those of us who understand, the disease of the dull, we do something about it. We do more because we have to, the deck was always stacked against us. You’re either a big leader or a slave, clawing your way onto the seed train.
Some people say Jack Anderson moves too fast, Jack Anderson cuts corners. Well I say to them, if that’s the difference between me and my family having a good life and using public transport everyday then so be it! I will NOT allow my family to be slaves. I will NOT allow the world I touch to be VANILLA!
You say I’m selfish? Fuck you! I give back…I give back plenty.
You say…say I got a big ego? Fuck you twice!! I’m humbly grateful for the wonderful gifts that I’ve received here in America, the greatest country on this planet!
I’m Jack Anderson, and oh yeah, I work out every day."


It is the second time I watch this movie. It is very interesting to see how they persuade people and why it is important to have networking.

Saturday, May 14, 2011

Euro Zone GDP Growth - Good or bad news?

Eurostat, the European Union statistical information service released this week a report saying that GDP increased by 0.8% in both Euro Area and the EU27 during the first quarter of 2011, compared with the previous quarter. In 2010, growth rates were +0,3%  in the Euro area and +0.2% in the EU27*.
But, when we look the details at the data, it's possible to see some problems around Europe. Here are some GDP data in some countries:
Portugal: -0.7%
Spain: 0.3%
Ireland: N/D
Greece: 0.8%

Still on Eurostat website we can take a look at the some Long-Term Government Bond Yields:


In spite of Greece had a significant growth in this quarter, the country long-term bond yield is still increasing and it is happening with Portugal as well. Greece is at a difficult situation right now due to 2 main problems. One, how can a country have more austerity if it have to pay almost 13% for an investor (not counting other expenses)? Second, How can a country pay its bills if the economic outlook is now not one of the most attractive? Why do I say that? Jean-Claude Trichet gave signals that may have a rate hike around June. When interest rates goes up, it slows down the economy and it means less economic activity, afecting Greece and Portugal directly. 
We can see at the EUR/USD chart below that this announcement has made euro slide against dollar:
Chart forEUR/USD (EURUSD=X)
So, if the EUR is getting weak, it means US dollar is getting stronger. In an appreciating dollar environment, issuance of yankee bonds will increase as issuers take advantage of the dollar's increasing purchasing power. Yankee bonds are bonds issued by international companies and sold in the United States.

*EU-27: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxemburg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom.