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whiteowl		#741 Posted : Friday, June 27, 2014 3:19:30 PM
Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove		mnandii wrote: http://www.the-star.co.ke/news/...-sh650m-33km-tarmac-road A tarmac road which the National Gov. had said would cost 1.6 BILLION to build has been built at 650 MILLION and in 3 months! There is waste everywhere in Govmnt. And don't expect the attitude to change soon. That is the fate awaiting awaiting your bond money. pretty sad but true. this shows only a mere 30% of our money is put to good use
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mnandii		#742 Posted : Sunday, June 29, 2014 4:15:53 PM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		Quote: At Elliott Wave International, we've tracked the relationship over the past two decades between interest rates set by the marketplace and interest rates set by the Federal Reserve. And what’s clear is that central banks are no more in control of interest rates than they are of the weather. They simply follow what the bond market dictates. Quote: An Elliott wave practitioner monitoring the T-bill rate can predict with fair accuracy what the Fed will do. No one monitoring the Fed’s decisions can predict what T-bill rates will do. http://www.elliottwave.com/free...gain..aspx#axzz3626ZXrPJ Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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hisah		#743 Posted : Monday, June 30, 2014 11:43:48 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		KE econ limping. Not good. Gross Domestic Product First Quarter 2014 - http://bit.ly/TK6VOH Quote: Bad weather and insecurity pulled down overall growth to 4.1 per cent in the first quarter of 2014 from 5.2 per cent over the corresponding period last year, with agriculture, communications and finance recording the sharpest slow down. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mnandii		#744 Posted : Tuesday, July 01, 2014 7:03:20 AM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		hisah wrote: KE econ limping. Not good. Gross Domestic Product First Quarter 2014 - http://bit.ly/TK6VOH Quote: Bad weather and insecurity pulled down overall growth to 4.1 per cent in the first quarter of 2014 from 5.2 per cent over the corresponding period last year, with agriculture, communications and finance recording the sharpest slow down. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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hisah		#745 Posted : Wednesday, July 02, 2014 12:49:08 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		mnandii wrote: hisah wrote: KE econ limping. Not good. Gross Domestic Product First Quarter 2014 - http://bit.ly/TK6VOH Quote: Bad weather and insecurity pulled down overall growth to 4.1 per cent in the first quarter of 2014 from 5.2 per cent over the corresponding period last year, with agriculture, communications and finance recording the sharpest slow down. But Mr Market is still trying to overlook the brown shoots. Disconnected from the fundies. Waiting to see H1 and then Q3. NSE20 at the current levels is overpriced. Needs to retest 4400 - 4500 to reset things and absorb the reality as GDP takes a hit. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Intelligentsia		#746 Posted : Wednesday, July 02, 2014 12:49:39 PM
Rank: Elder Joined: 10/1/2009 Posts: 2,436		@ Sufficiently Philanga....this phenomena also puzzled me - like most people I thought the impact of the eurobond on fx rates n interest rates would be immediate, so @Mnandii your comments on our subconscious perception that this bond will be a silver bullet make plenty of good sense. I have a few queries: 1. So which way will MPC jump next week - raise CBR to stem inflation or lower CBR to further depress and hasten the spin-off effect of the Eurobond of lowering domestic lending rates? 2. What's the impact, if any, of this Eurobond on interbank liquidity? I am not seeing much diff from CBK's bulletin last week. And impact on the shorter and longer end of the yield curve? 3. Ha! If we have an animal called dim sum bond...maybe one day we may very well have an Afro bond?
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hisah		#747 Posted : Friday, July 04, 2014 9:46:07 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		@kizee1 - As I had earlier stated about the tbill madness at the moment, definitely MPC will hike CBR. Not bullish for equities and this will also squeeze the econ. I don't see MPC getting out of this tight corner soon. Inflation is scaring them. https://www.centralbank....results/91-days-t-bills www.businessdailyafrica....6/-/exonu2z/-/index.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Sufficiently Philanga....thropic		#748 Posted : Friday, July 04, 2014 10:04:38 AM
Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli		@hisah, the KES has to be defended at all costs, atleast so they can manage/bring down the $2B Eurobond interest payments. That's their priority no.1. @SufficientlyP
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Othelo		#749 Posted : Friday, July 04, 2014 10:20:44 AM
Rank: User Joined: 1/20/2014 Posts: 3,528		By hiking CBR how does that affect t/bill rates; up or down? Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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holycow		#750 Posted : Friday, July 04, 2014 10:37:12 AM
Rank: Veteran Joined: 11/11/2006 Posts: 972 Location: Home		Othelo wrote: By hiking CBR how does that affect t/bill rates; up or down? Up.
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