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Current economy recession and the expected 2013 recovery
Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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Recession or not, we will surely pul thru the uncertainties of 2012. Trick is not to be in debt but rather a lender to the Government! I missed the Tap bonds at 23%  , hope to take a plunge coming week as rates seem to be topping off at this range!Perhaps, the equities will pick up from here! Developing a thick skin in 2012 will also help! @SufficientlyP
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Betting against a Kenyan citizen's productive capacity & resiliance is usually a short-term gain 
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Sufficiently Philanga....thropic wrote:Recession or not, we will surely pul thru the uncertainties of 2012. Trick is not to be in debt but rather a lender to the Government! I missed the Tap bonds at 23% , hope to take a plunge coming week as rates seem to be topping off at this range!Perhaps, the equities will pick up from here! Developing a thick skin in 2012 will also help! i also believe in the resilience of our young economy. The weighing scales are starting to favor stocks, but there's still time. In other news:it still works . The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Never say never. This statement is so true. I remember clearly when hisah predicted the ksh would reach 100, and the stock market would tank to 3k. It sounded unbelievable, impossible, like it could never happen. But it did. I'm not basing my conclusions on the two past predictions, i dont really have a stand on this. however, people should refrain from the word never. Even rather say i highly doubt, but never say never. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Aguytrying wrote:Never say never. This statement is so true. I remember clearly when hisah predicted the ksh would reach 100, and the stock market would tank to 3k. It sounded unbelievable, impossible, like it could never happen. But it did. I'm not basing my conclusions on the two past predictions, i dont really have a stand on this. however, people should refrain from the word never. Even rather say i highly doubt, but never say never. @AguyT. Consider changing ur signature! The opposite of courage is not cowardice, it's conformity.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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jerry wrote:Aguytrying wrote:Never say never. This statement is so true. I remember clearly when hisah predicted the ksh would reach 100, and the stock market would tank to 3k. It sounded unbelievable, impossible, like it could never happen. But it did. I'm not basing my conclusions on the two past predictions, i dont really have a stand on this. however, people should refrain from the word never. Even rather say i highly doubt, but never say never. @AguyT. Consider changing ur signature! While on the subject of signatures, this is @Sure's 'When interest on bonds keep going up, you know the bear run is on high street. When interest on bonds start leveling, the bear has met the bull and they have hit rock bottom. When the interest rates on bonds start coming down, the bull has overpowered the bear and you better be riding the bull.' GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Aguytrying wrote:Never say never. This statement is so true. I remember clearly when hisah predicted the ksh would reach 100, and the stock market would tank to 3k. It sounded unbelievable, impossible, like it could never happen. But it did. I'm not basing my conclusions on the two past predictions, i dont really have a stand on this. however, people should refrain from the word never. Even rather say i highly doubt, but never say never. Factors, factors.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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jerry wrote:Aguytrying wrote:Never say never. This statement is so true. I remember clearly when hisah predicted the ksh would reach 100, and the stock market would tank to 3k. It sounded unbelievable, impossible, like it could never happen. But it did. I'm not basing my conclusions on the two past predictions, i dont really have a stand on this. however, people should refrain from the word never. Even rather say i highly doubt, but never say never. @AguyT. Consider changing ur signature! NICE ONE! Ha ha. Lets see.... 'i highly doubt that money sleeps'...... loses the ring to it. You've made my day. Lol. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Aguytrying wrote:jerry wrote:[quote=Aguytrying]Never say never. This statement is so true. I remember clearly when hisah predicted the ksh would reach 100, and the stock market would tank to 3k. It sounded unbelievable, impossible, like it could never happen. But it did. I'm not basing my conclusions on the two past predictions, i dont really have a stand on this. however, people should refrain from the word never. Even rather say i highly doubt, but never say never. @AguyT. Consider changing ur signature![/quote. NICE ONE! Ha ha. Lets see.... 'i highly doubt that money sleeps'...... loses the ring to it. You've made my day. Lol. now I get it!
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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Rank: Elder Joined: 3/2/2007 Posts: 8,776 Location: Cameroon
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youcan'tstopusnow wrote:jerry wrote:Aguytrying wrote:Never say never. This statement is so true. I remember clearly when hisah predicted the ksh would reach 100, and the stock market would tank to 3k. It sounded unbelievable, impossible, like it could never happen. But it did. I'm not basing my conclusions on the two past predictions, i dont really have a stand on this. however, people should refrain from the word never. Even rather say i highly doubt, but never say never. @AguyT. Consider changing ur signature! While on the subject of signatures, this is @Sure's 'When interest on bonds keep going up, you know the bear run is on high street. When interest on bonds start leveling, the bear has met the bull and they have hit rock bottom. When the interest rates on bonds start coming down, the bull has overpowered the bear and you better be riding the bull.' Where are we right now @ycsun? TULIA.........UFUNZWE!
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Rank: Veteran Joined: 3/25/2010 Posts: 939 Location: Nai
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ok economists you really debating about whether we in recession or not. can you explain to me a raiya how can the situation be rectified, and how long is it likely to last and where should i invest.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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"For a very long time it has been cited as a huge dis-advantage the limited participation & intergration of sub-Saharan Africa in global finance, economics & trade. But as it is now and into the foreseeable future, that happens to be our greatest strength and attractiveness to both local & foreign investments especially against the back-drop of the economic turmoil in the advanced economies. Let the good times roll Afrika Oyee!! Thank you." - Uncle James.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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KE Consumer confidence... http://www.businessdaily...8/-/sv1b02/-/index.html
Foreign investors... http://www.businessdaily.../-/58wykmz/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Equity Bank chief executive James Mwangi:"Uncalled for financial sector regulations are likely to be counterproductive in the long run if rushed legislative decisions are undertaken. You cannot, as a country,legislate on matters of the economy using one event as it happened in 2011 with the currency and lending rates. The best regulation is done by the market itself using demand and supply forces. So far, our political leaders are exercising maturity and responsibility. This gives us the necessary confidence to continue serving Kenyans in our social-economic transformation mission. I am convinced that 2012 will also be a good year for theg eneral finance sector. This is due to economic recovery measures undertaken late last year. Both the macro and the micro economic indicators are set for better days ahead. For a start, all indicators, including the inflation rate, are clear that interest rates are likely to come down within the first half of the year..." GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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"...Decisive efforts by the Central Bank of Kenya Monetary Policy Committee to tame the exchange rate are beginning to bear fruit and market forces will naturally dictate a review of current interest rates. By all means, the market is responding very well to all the macro economic interventions undertaken in the last quarter of the year which could see us reducing inflation to single digit levels by March." http://www.nation.co.ke/.../-/hi1prlz/-/index.html
GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:Equity Bank chief executive James Mwangi
Uncalled for financial sector regulations are likely to be counterproductive in the long run if rushed legislative decisions are undertaken.
You cannot, as a country,legislate on matters of the economy using one event as it happened in 2011 with the currency and lending rates.
The best regulation is done by the market itself using demand and supply forces.
So far, our political leaders are exercising maturity and responsibility. This gives us the necessary confidence to continue serving Kenyans in our social-economic transformation mission.
I am convinced that 2012 will also be a good year for theg eneral finance sector.
This is due to economic recovery measures undertaken late last year.
Both the macro and the micro economic indicators are set for better days ahead.
For a start, all indicators, including the inflation rate, are clear that interest rates are likely to come down within the first half of the year.
True.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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youcan'tstopusnow wrote:...Decisive efforts by the Central Bank of Kenya Monetary Policy Committee to tame the exchange rate are beginning to bear fruit and market forces will naturally dictate a review of current interest rates. By all means, the market is responding very well to all the macro economic interventions undertaken in the last quarter of the year which could see us reducing inflation to single digit levels by March. http://www.nation.co.ke/.../-/hi1prlz/-/index.html What does the MPC have to do with anything¿¿ Doesn't anyone remember the rain that pounded in oct/nov after the ravaging drought¿¿ was that a "macro economic intervention¿¿" because to me food and energy prices stabilizing are the only reason for a slowing inflation rate... Whether rates were raised or not was an irrelevant debate because of its negligble impact on fighting inflation¡¡ Mark 12:29
Deuteronomy 4:16
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Current economy recession and the expected 2013 recovery
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