Weak Opens Expected For New Zealand, Australia Shares (click title to entry - thank you)
4/11/2011 4:13 PM ET
(RTTNews) - Mixed to lower opens are projected Tuesday for the New Zealand and Australia sharemarkets. Traders saw little direction from Wall Street, where the market awaited the opening of earnings report season after the market close.
New Zealand's sharemarket rose on Monday in a quiet trading session.......In Australia on Monday, the sharemarket moved higher....
...Advancers barely outnumbered decliners 611 to 595 with 365 unchanged....
If financial rating tools are going to begin to seek retribution against countries with tragedies, such as New Zealand with earthquakes and Australia with drought and fires, they will find they aren't going to have many places on this Earth without DEFICIT qualities in the not too distant future.
Sorry, I just don't believe Wall Street is that good. Obviously, actually.
New Zealand Trade to Underpin Currency, May Raise Inflation, Bollard Says (click here)
By Tracy Withers - Apr 11, 2011 7:07 PM ET
...“If households and firms use the income boost from higher commodity prices and exchange rates to bring forward consumption and investment, or increase borrowing, then pressure on resources in New Zealand would lead to more inflationary pressure,” Bollard told a farmers group in Ashburton on the South Island yesterday. “Monetary policy would need to counteract any rise in inflation expectations.”...
Earth is a spaceship that orbits Sol, our sun. We are all passengers and we all carry responsibility for its 'condition.' The deterioration of Earth's troposhere has to end or Earth's imbalance will never end.
There is absolutely no reason for punitive regard for any country with trouble. Over the past decade every country on Earth have mounted massive amounts of aid to those regions of the world and every country has a vested interest in the other. There is no reason for any type of punitive reasoning in the financial markets as they obviously don't have an appreciation for the 'condition of economies' on spaceship. Life in the year 2012 is not toy and neither are nation's of people, their economies and the delicate balance of recovery that is the reality today.
