World markets  |  26.1.2012 17:27:40

Year 2012 is still shrouded in mystery / BIG EXPERT - Foreign Markets: Week from 23 First 2012


Beginning this year (and for some the last) year is in the spirit lingering rally that started in December last year. Financial results of companies still do not point to a deep recession, but rather shallow, resulting from reduced consumer demand. I am convinced that the year 2012 reveals large differences especially between "European" and the American economy. Investors will be able to evaluate the different development almost live. While in Europe is constantly delaying the agony already zbankrotovaného Greece, in the U.S. we have seen Republicans and Democrats fight for savings that just could not push through. So far it seems that the money should be saved and in the U.S. yet due to disagreement in Congress were not increased consumer spending and personal consumption, which ultimately leads to a decrease in unemployment. Rigid restrictions are introduced in the U.S. yet so "clearly borne fruit."

In contrast, in Europe, where it just crossed it, the consumer is under pressure, unemployment is rising and the prospects are not too rosy. Investors can make a picture about which of the alternatives on the market provides greater reassurance and encouragement.

For this reason I prefer the next few months focused on dividend titles, in which a man undergo a huge degree of instability. For European companies continue to lure me in correcting only shares of automobile companies such as Volkswagen and BMW, as well as Louis Vuitton and Vivendi. Shares of banks, although they are undervalued and at increased risk can bring great benefits, I consider it too risky.

Portfolio can also spread to U.S. titles like AGNC, NLY, eventually. CIM, which pays a high dividend.

The PSE can not ignore the CEZ, Telefonica O2 and Commercial Bank.

This conservative strategy, say, should investors be able to do this, in my opinion, a very turbulent year. Only when clear signals of stabilization (which we never did get the last six months) and start a clear trend can be considered an investment in more risky instruments, even for longer than a few days. Until then, trading on capital markets rather a matter of feeling, proper timing of entry into position and courage than any serious analysis.

Handbag Karl, CAPITAL GRANT

Opinions of experts on future developments in selected foreign markets monitored by indices and comparison with the Czech capital market (PX) in a one and a half months of the year in week 23 First The 2012th


Experts estimate for the period of 1 month

Pointer
Hodn.
20th First
Diameter
Median
Change
in%
Interval
Growth
Decrease
PX
935.30
917.50
916
ˇ -1.90
900 to 943
A
5
Dow Jones (U.S.)
12 720,48
12 477,83
12 507
ˇ -1.91
12 300 - 12 583
0
6
NASDAQ (U.S.)
2 786,70
2 724,33
2720
ˇ -2.24
2690 - 2758
0
6
FTSE 100 (VB)
5 728,50
5 641,33
5659
ˇ -1.52
5500 - 5720
0
6
DAX (Germany)
6 404,39
6 252,00
6250
ˇ -2.38
6150 - 6379
0
6
Nikkei 225 (JPN)
8 766,36
8 653,50
8659
ˇ -1.29
8510 - 8794
A
5


Experts estimate for the period of 6 months

Pointer
Hodn.
20th First
Diameter
Median
Change
in%
Interval
Growth
Decrease
PX
935.30
961.50
963.50
^ 2.80
930 to 1 010
4
2
Dow Jones (U.S.)
12 720,48
12 796,00
12 797
^ 0.59
12 500 - 13 200
3
3
NASDAQ (U.S.)
2 786,70
2 846,33
2854
^2.14
2 750 - 2 900
5
A
FTSE 100 (VB)
5 728,50
5 875,67
5892
^ 2.57
5 690 - 6 000
5
A
DAX (Germany)
6 404,39
6 569,17
6586
^ 2.57
6360 - 6750
5
A
Nikkei 225 (JPN)
8 766,36
8 979,50
9020
^ 2.43
8710 - 9100
5
A


Reviews carried out in this week:

  • Ondrej Moravanský - Cyrrus
  • Libor Bucek, John Mach, Milan Nedbálek - FINANCE Zlin
  • Patrick Hudec - Generali PPF Asset Management, a fund manager společnost
  • Charles handbag, Miroslav Hlavoň - CAPITAL GRANT
  • James Mensik, Paul Skořepa - LUTHERUS
  • Jaroslav Brychta - X-Trade Brokers

The tables contain a summary of estimates of experts in the list. The column "Actual value" the value of the observed indices (Friday's closing value), from which experts in their estimation was based. Using this value, the estimates of experts after a period of one to six months compared to evaluate success. "Median" is a number that is surrounded by the size of a structured set of assumptions and "Interval Estimates" indicates the minimum and maximum estimate file. Columns "Increase / decrease" indicate the number of experts assume that the index in the period considered, given the current value rises or falls.
Note: Estimates are non-binding form of views with regard to the outlook for the next one month and a half year. The fact, however, may substantially differ from the estimates of experts. Experts even Kurzy.czassume no responsibility for these differences.

Was this article: 10 | 8 | 6 | 4 | 2 | 0


Last news from the section World markets:

Pá 22:49  Wall Street zakončila duben nevýraznou seancí Patria (Patria Online)
Pá 22:04  Wall Street Closing Bell & výhled na 1. 5. 17 Grant Capital (Grant Capital)
Pá 21:12  Evropské zažívají největší příliv peněz od roku 2015 Research (Investicniweb.cz)
Pá 14:53  USA - Lepší zítřky pro producenty mědi? STOX.CZ (Grant Capital)


Rok 2012 stále zahalen tajemstvím / BIG EXPERT - zahraniční trhy: týden od 23. 1. 2012

Diskuze a názory

Na dané téma nejsou žádné názory.


Zobrazit sloupec 
Moner | ISIN database | Weather forecast
Česká verze
Kurzy.cz - Akcie cz, kurzy měn, forex, zlato.
Favorite: Prague Stock Exchange Czech crown Czech economy Commodities Gold Trademarks Prague Weather

Copyright © 2000 - 2017

Kurzy.cz, spol. s r.o., AliaWeb, spol. s r.o.,

ISSN 1801-8688