The Direction of Global Index
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Did lower oil prices help the economy at all?
The oil price plunge has been touted as a global growth elixir, but so far the impact on the economy has been subtle and it's unclear when that will change. "Local fuel prices have almost fully adjusted to lower crude oil prices," Goldman Sachs said in a note last week after tracking data from 24 countries. But it expects the stimulus impact on the economy won't be straightforward, depending on whether low prices are perceived as likely to persist and government policy responses. "Income gains of households might not necessarily translate into significant spending rises," it said, adding that corporate gains would likely be reflected more slowly. For companies, "the price pass-through mechanism is quite complex, with oil windfalls spread out to dividends, wages, and retained earnings, not necessarily spilled over directly to consumers via lower retail prices," Goldman said. "The use of oil is also quite diverse, entailing transportation...
How to catch Low Point in the Stock Market
It is very important for us to catch the low point to get in in the stock market, but how to buy low? you can know from this video. Hope you can grasp this method.
Foreign banks tighten lending rules for China state-backed firms
Some banks are adopting stricter lending criteria for China's state-owned enterprises (SOEs), demanding collateral from some companies they used to deem as safe as government debt, as Beijing tries to reform its bloated firms and the economy slows. Singapore's DBS Group, which recently suffered a loss on a bad loan to an SOE-related firm it had assessed as risk-free, plans to launch a "decision grid" to assess the creditworthiness of SOEs, according to draft internal risk guidelines reviewed by Reuters. A banker at Taiwan's Chang Hwa Commercial Bank said that from the beginning of this year his bank would only lend to state-owned Chinese companies that provide collateral, in recognition that SOEs were no longer risk free. Such changes in policy suggest some foreign banks are preparing for a rise in defaults in the world's second-largest economy, which is growing at its slowest pace in a quarter of a century and where the government is trying to mak...
Catch Rebound By Bias
A. The share is obvious in the downtrend; B. 30 days moving average goes down, the price also goes down and far away from 30 days moving average, the share fell by more than 30% ; C. 10 days Bias is below -5 and 30 days Bias is below -15.