news for 20-12-2007

Be aware of these risks
>The Bank of Japan meet tomorrow. All think they won't hike rates. If they do, then
expect much chaos in global stock markets.
>Any big bank or Hedge Fund in the US or Europe could say at any moment, the bad
word about reneging on their commitments to investors/bondholders/CDO-paper holders
etcetera.
This risk has popped up time and again during the past three months and so the next one
will shock the stock markets, but ought not to be a surprise because it's to be expected
that those managements didn't have the courage of character ...and so had held back
saying the worst about their losses in CDO etc.
>Recall that the RBI here had popped that shocker exactly this week last year with that
hike in CRR.
Bank shares and the indices then died for a week.
>Inflation in the US is a new topic. Any further information or statistics on rising
consumer prices there will again make monies shift out of everything and to the dollar.
>Our Q3 results will start around 10th January.
Our markets will sort of slow down after the F&O expiry next week.
>Prakash Karat has now denied he had said anything two Sunday's ago about giving the
Congress till 31st December to finish off all those so-called talks with the IAEA...Or else,
the Left would take a walk.
This Left-Front-risk is an eternal risk for any Government.
Infact, if the Left Front themselves come directly to power and Prakash Karat becomes
the PM, expect that there are very good chances that he'll threaten to walk out of his own
government if his own government don't call off the nuclear deal.
Listening to him makes one think he's clever.
But his actions look asinine.
Anyway, Karat and Comrades are a risk we have to suffer at any given moment of the
day or night.
..What an impotent and dead theory does to reality.