Group items tagged

Do you can see it coming? The return on 10-year U.S. Treasuries skyrockets, the S&P 500 remains down for 9 out of the last 11 trading days and disturbing economic reports pour in from all throughout the globe. The much expected "financial correction" approaches rapidly, and investors start heading for the exits. We have not experienced so many foreboding financial signs all converge at one time like this since just before the last major financial disaster. It appears as though a "perfect storm" is brewing, and so much "smart money" has already abandoned stocks and bonds. Could we possibly be headed toward another frightening financial crisis? Will we see a replay of 2008 or prospectively an even worse crisis? Naturally, so many people believe that we will never again experience another major financial catastrophe like the one in 2008. So many people think that this kind of "doom and gloom" talk is idiotic. Those types of people are those who did not see the last financial crash coming and who choose not to prepare for the coming one in spite of the extremely clear warning signs. Let us expect the best; but let us also get ready for the worst - and, right now, things do not look bright at all. The following 18 signs give strong support that global financial markets are headed toward a horrendous death spiral...

October 30, Wednesday, China's money market rates pointed on to a four-month high, a day following the country's central bank instill funds into the market to relieve worries that it was preparing to considerably constrict credit situation. The seven-day report rate, observed as a key measure of confidence to lend in the interbank markets, rose to around 5.59 percent - up about 64 basis points from the prior day. Analysts said that the jump in rates was seasonal in nature and at this stage were not too concerned about a repeat of events in June when a surge in money market rates fueled fears of a credit crunch in the world's number two economy. They further mentioned that liquidity infused into the market this week had not been huge enough to shove overnight lending rates considerably lower. On Tuesday via an open market operation, the People's Bank of China (PBOC) infused 13 billion yuan ($2.13 billion) into money markets. "Liquidity remains tight and the repo operation yesterday was small," said Nizam Idris, managing director, head of strategy, fixed income and currencies atMacquarie Bank. "China is still in the process of fine-tuning rates." Chris Weston, chief market strategist at trading firm IG, added: "Month end is coming up and of course tax implications are being blamed for higher rates." No fear With the benchmark Shanghai Composite stock index up 0.75 percent in afternoon Asia trade, Chinese markets became visible to take the spike in money market rates in stride. Analysts put this down to assumptions that the PBOC would approach into the market with better injections of cash to alleviate any doubts that it was geting ready to constrict monetary conditions in a big way. On Tuesday and Thursday, the PBOC usually carry out reverse-repurchase operations, an opportunity for it to inject liquidity into Chinese money markets. "They [PBOC policymakers] will probably provide liquidity on Thursday - at this point they don't wa

A serial entrepreneur Aaron Sylvan who lives in New York, contrasts the circumstances to requiring to hire both a carpenter and an architect when building a house. An accountant can analyze the big picture of your financial situation and offer strategic advice as he/she produces key financial documents, like profit-and-loss statement, if needed, and files a company's taxes. An accountant can also act as an outsourced chief financial officer, advising an entrepreneur on financial strategies, like whether to secure a line of credit against receivables when introducing new products after tax season is over On the contrary, a bookkeeper's jobs are the day-to-day hands-on tasks: making sure new employees file all the right paperwork for the company's payroll, submitting invoices (promptly) and following up on them, and paying the bills. The bookkeeper also tracks company expenses or company financial statements and can assure that every cost has been entered - and recorded correctly - into software like QuickBooks so that the business is ready for tax time along with filing any other reporting to, say, creditors or investors. "I don't keep receipts; they're a pain," says Sylvan, who runs Sylvan Social Technology, an ecommerce-services company. "Every month I get a bank statement with a gazillion transactions," such as taxi rides, meals, conferences and other expenses he has placed on his company's debit card. He said his bookkeeper spends a few hours a week sorting it all out. Consequently, Sylvan has a better idea about how his expenditures stack up in opposition to his budget. He is certain he won't bill clients wrongly or miss important payments. "Knowledge is power," even when it comes to the small details, Sylvan says. "If you don't have a bookkeeper, you're probably not being as strategic as you could be in how you spend your money." When to Bring in a Bookkeeper Sylvan has typically hired a bookkeeper for a few hour

The basic stock-market information portion of the site contains simple information on the factors influencing the stock market; you should comprehend these factors before deciding to trade shares. The key essential factors in the stock market are enumerated below; simply click on anything you desire to find information on. The number of links below may look formidable; but each link contains only brief, pertinent pockets of information, easy to grasp! If you encounter any unfamiliar words which are not defined in the basic stock-market information portion, check out the stock-market glossary.