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Introduction to Zimbabwe and the Zimbabwe Stock Exchange.
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@msaliti it is easy to see where the Zambians are coming from with their tax proposal. See, a Western and consequently Eastern economic slowdown means a crash in Copper prices (like during the GFC in 08). Copper accounts for 80% forex income so we can appreciate the urgency & concern  Thankfully Zim has just come out of a decade of recession so every (any) dollar counts. I am happy if Zim returns to full mining capacity from the bottom of the resources & precious metals mkts coz that way we'll ride the global economic recovery thus, increased prices y-o-y for an extended period of time #sustainble.devt#
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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I urge U strongly to take a keen interest in what makes the market (economic fundamentals) and less of the mkt itself OTW utaungua and U won't know why & how. I am monitoring at ur CPI, PPI, GDP, Non-farm, jobless claims, new & continuing, slow private investment (hence the avalanche in SSA and limited job growth in US) and I think there is major downside along the road. Ur politicians are just dicking around about implementing fiscal responsiblty, but I undrstand it will wait till after elections, then the pain ought to start. So i'll wait. Gosh! Even Bernanke admitted that US unemployment is a "national crisis" #OCCUPYWALLSTREET[/quote] CPI figures are out every month, so unasema utaziangalia for the next 6 years  ? By the way the mayweather stocks are not really dependent on these figures. Walmart, McDonald's, Coke usually weather the storm unless an industry specific calamity hits them, so figures like CPI dont really matter unless you are a hedge fund manager handling billions and the slightest change affects your portofolio adversely. On jobless claims, they are not really an accurate figure because the gava does not count people who have given up hope and stopped looking for a job. On slow private investment, the truth is Americans will never give up on their country, they might hold onto cash until the volatility subsides, but they will always give priority to investing in their country. About the politicians and the budget, truth is the US will not default on its debt, those were just political games, it is afterall election season. Republicans want Obama to fail by any means, thus they play these games then at the last minute, they vote to extend afterall, this gives them political muscle. Though the US has defaulted in the past, and under Reagan the debt ceiling was raised numerous times. In summary, its all smoke and mirrors
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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That's because they also make money elsewhere especially emerging markets  infact add google, MS, apple to the list of MNCs. C'mon. Be objective.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Sawa you've been warned, utashangaa. Monday the earnings report start streaming in, October should be red!!
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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So how am I not being objective? Im just telling you that the market here does not work like the one there.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Nabwire wrote:Sawa you've been warned, utashangaa. Monday the earnings report start streaming in, October should be red!! Good. Look at the MNCs who do segment reporting and see what story their Western mkts tell.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Nabwire wrote:So how am I not being objective? I'm just telling you that the market here does not work like the one there. If your mkts were driven by your objectivity then the Dow would be rising instead of falling and oil at over $200 inspite the over-educated but jobless, foreclosed & over-leveraged protestors camped outside Wallstreet for 3 weeks and just yesterday spread to Frisco & surrounded BofA.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Be real, those companies have been in the US for decades minting profit, they just recently expanded into Emerging markets, and yes with the West economy cooling off, the emerging markets have held them up. So are you saying without emerging markets, those companies may become obsolete? The problem is people are unfairly comapring the US during its tough times to emerging markets during their boom times, apples and oranges. And I thought we were talking about SSA which is a frontier not emerging market, wacha mzaha.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Nabwire wrote:Be real, those companies have been in the US for decades minting profit, they just recently expanded into Emerging markets, and yes with the West economy cooling off, the emerging markets have held them up. So are you saying without emerging markets, those companies may become obsolete? The problem is people are unfairly comapring the US during its tough times to emerging markets during their boom times, apples and oranges. And I thought we were talking about SSA which is a frontier not emerging market, wacha mzaha. Good. You've finally got it.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Cde Monomotapa wrote:Nabwire wrote:So how am I not being objective? I'm just telling you that the market here does not work like the one there. If your mkts were driven by your objectivity then the Dow would be rising instead of falling and oil at over $200 inspite the over-educated but jobless, foreclosed & over-leveraged protestors camped outside Wallstreet for 3 weeks and just yesterday spread to Frisco & surrounded BofA. Sielewi, please tell me what my objectivity is ? Coz it seems like words have been put in my mouth. I have always said that the markets are going to continue falling then will turn around when election season heats up
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Cde Monomotapa wrote:Nabwire wrote:Be real, those companies have been in the US for decades minting profit, they just recently expanded into Emerging markets, and yes with the West economy cooling off, the emerging markets have held them up. So are you saying without emerging markets, those companies may become obsolete? The problem is people are unfairly comapring the US during its tough times to emerging markets during their boom times, apples and oranges. And I thought we were talking about SSA which is a frontier not emerging market, wacha mzaha. Good. You've finally got it. Now you are just playing games, what have I finally got? Thats the same point I made above
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Nabwire wrote:Cde Monomotapa wrote:Nabwire wrote:Be real, those companies have been in the US for decades minting profit, they just recently expanded into Emerging markets, and yes with the West economy cooling off, the emerging markets have held them up. So are you saying without emerging markets, those companies may become obsolete? The problem is people are unfairly comapring the US during its tough times to emerging markets during their boom times, apples and oranges. And I thought we were talking about SSA which is a frontier not emerging market, wacha mzaha. Good. You've finally got it. Now you are just playing games, what have I finally got? Thats the same point I made above U've explained to urself about economic cycles & earnings determing mkt valuations w/o me having to drag this any further. let's move on now.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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U've explained to urself about economic cycles & earnings determing mkt valuations w/o me having to drag this any further. let's move on now.[/quote]  Sawa if you say so
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Nabwire wrote:U've explained to urself about economic cycles & earnings determing mkt valuations w/o me having to drag this any further. let's move on now. Sawa if you say so[/quote] i'm grown enough to know attempting to win a debate with a lady can be futile. Infact, i'll even apologize, "i'm sorry" haiya! Kazi Iendelee!
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Accepted coz unajua hiyo debate ni mimi nimeshinda.
On a side note, people in Finance are being finished, you guys dont see us crossing over and attempting to write bylaws or form defense teams. Bana we pay alot to go to school, but the internet has made that irrelevant.
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Rank: New-farer Joined: 9/9/2011 Posts: 11
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Rank: New-farer Joined: 9/9/2011 Posts: 11
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Nabwire wrote:Accepted coz unajua hiyo debate ni mimi nimeshinda.
On a side note, people in Finance are being finished, you guys dont see us crossing over and attempting to write bylaws or form defense teams. Bana we pay alot to go to school, but the internet has made that irrelevant. http://www.economist.com...te/bl/promisingtheworld
that confirms your fears as they say,an investment in knowledge pays the best return  sad thing is that Bill Gates has made it possible for people to get Ivy league training on the internet for free dont give up though
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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msaliti7 wrote:Nabwire wrote:Accepted coz unajua hiyo debate ni mimi nimeshinda.
On a side note, people in Finance are being finished, you guys dont see us crossing over and attempting to write bylaws or form defense teams. Bana we pay alot to go to school, but the internet has made that irrelevant. http://www.economist.com...te/bl/promisingtheworld
that confirms your fears as they say,an investment in knowledge pays the best return sad thing is that Bill Gates has made it possible for people to get Ivy league training on the internet for free dont give up though Interesting, but there are certain things one wouldnt be able to learn on the internet, the bread and butter is still best taught in classrooms.
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Introduction to Zimbabwe and the Zimbabwe Stock Exchange.
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