Durudarshan - Investment Analysis - Honest Information, Profitable Trading
My Blog

The Digital Economy

Magnificent, the ECB Stimulus

The Trillion Euro stimulus announced this afternoon by ECB President Mario Draghi is nothing less than magnificent in my view, and will help create jobs and industry for millions, and turn into wealth.  This stimulus augurs well for the European stockmarkets and for the Euro itself, which it now underpins with a very positive aspect.  It seems to have been announced at the right time, and although the immediate market reaction may not have been wildly enthusiastic, it is a complex stimulus, needing people to understand and digest its implications.

In plain terms, it is 60 billion Euros per month over 18 months, starting from March to September 2016, meaning a total of 1,080,000,000,000* Euros.  This was announced by Mr Draghi at the press conference in Frankfurt this afternoon.

It will serve the 19 nations that make up the Euro Area, or Eurozone, which now includes as from 1st January 2015 Lithuania.   However, it will not be available at the moment to Greece, which benefits from arrangements already in place from the IMF, which gave them two bailouts and numerous haircuts.  Perhaps there could be cross border mergers of some organisations which would benefit all?

There seems enough appetite for additional funds, especially by companies who have not been able to find funding from the banks so far.  This is a ready segment that will be glad to be served by this Stimulus.  As in England and Britain, where Mr Cameron has been visiting various companies, who have received funding now, something similar needs to be implemented in the Eurozone.  Money invested in companies which need capital for upgrades of machinery, or cash flow to keep the factories operating while their customers arrange to pay them, will maintain employment and sustain livelihoods and, hopefully, even create wealth in the long term.  That 'old school' way of trading had died recently in the credit crunch, and could well do with revival.  It may be the clue to bring Recovery back on stream.


This Trillion Euro Stimulus was long awaited, and probably is just in time, now joining the money flow in the U.S., Japan and China, to maintain the worldwide economic Recovery, which shall flourish to Prosperity for all nations.  The next stage surely must be for the BRICS nations to reduce their benchmark interest rates and for the Emerging Markets to do something similar, in due course to be followed by Africa perhaps?  Or even simultaneously, and soon?  Why not?  The national books can become squared internationally, as each nation develops its resources, trades with the other nations, and brings development and growth at home.  Would that not be the most marvellous thing to happen?


I wish you peace and prosperity, to every nation, man, woman and child.


Kind regards,

Duru-darshan


(c)  Copyright.

P.S. Earlier I left out three 0's.  Aw aw aw!


Hello Putian, Beijing, China....

Recently I've had a lot of visitors to my blog and website from Putian as well as Beijing. 
 
I note the Indian Premier Dr Manmohan Singh has been to visit Beijing soon after his trip to Moscow, and
things are looking good for co-operation on peacefully observing each other's shared borders as well as increase in friendly relations and trade.
 
My personal hope is to become nominated by the Congress Party of India (UPA) as the Prime Ministerial candidate for May 2014.  Should my wish be fulfilled with approval of Rahul and Mrs Sonia Gandhi, I would be thrilled and would go to India straight away to start campaigning in earnest. 
 
I have a vision for India as a good neighbour to China, Russia, Pakistan, Nepal, Bangladesh, Afghanistan and the whole region, as well as to unlock the huge potential that there obviously is for growth of infrastructure such as roads, bridges, dams, power generation, further irrigation, as well as housing, hospitals, schools, universities, and so on, which would utilise the resources and cater to the public, as well as use the skills and expertise internationally in building up this great nation.  I have lived in London the last 41 years, and see the n-th degree developments of this nation (United Kingdom) as something India could well try to aim for.  I imagine that with India's resources both of the peoples' savings and growing expectations of improvements in living standards, it would fit hand-in-glove. 
 
It is regrettable that there have been skirmishes on the international border with Pakistan, especially just after Dr Manmohan Singh-ji had constructive talks with Pakistan PM Nawaz Sharif in New York recently. Mr Nawaz Sharif  has a great reputation as a man of his people and a positive personality, who would only wish the best for his people and continuation of peaceful co-existence with India.  The Indian PM has offered bilateral talks on this issue to find a resolution, and I sincerely hope common-sense and peace prevails once again.
 
I hope my readers will be able to make an accurate picture of what I would like to do, and I would welcome your comments on this matter.
 
In the meantime, I wish you a peaceful and happy evening.
 
Kind regards,
Duru-darshan.
 
 
 
 
 
 

My blog posts this month

Thanks for visiting my blog and website, I hope you found something interesting to read.
 
There seems a constant swirl of stacks of information, both online and in printed form.
 
Most of the relevant information that makes an impact on affairs is both time sensitive and scarce,
that is the information that I try and gather and interpret, for my own reference as well as to share with my readers.
 
I wrote these blogs this month....I am happy a lot of people enjoy reading my take on various topical issues, with several thousand visiting my blog just last Friday and Saturday, especially from Chicago.
 
  Hello guys, wear your thinking caps on...
  Mr Bernanke's penultimate testimony before he leaves the Fed.
  Forward guidance and the UK housing market
  Light a cancle...
  Thanks for visiting my website
  Notes from the LDS chapel, Ilford
  Germany a good model of employment
  The paradox in inflation
  Stimulus?  Taper?  Where we headed?
  Bank of England forward guidance.
 
Have a read, and let me know what you think. 
In the meantime, thanks to all the readers who have written in their
compliments and suggestions.
 
Kind regards,
Duru-darshan.
 
 
 

Bank of England's forward guidance

The Bank of England Governor Mark Carney has reassured the markets that a further stimulus would be available if market conditions dictate it.  In the meantime, he has restated what he mentioned when he took over the reigns a month and a half ago, namely :
 
 That the record low interest rate, currently 0.5 percent, would be maintained until such time as the unemployment figure falls to 7 percent. 
 
Most market forecasters believe this indicates a period of about three years, according to the BBC.
 
So industry and enterprise can assume an atmosphere of prevailing calm and steady investment and growth over the coming three years in the United Kingdom, perhaps even rescue and turnaround of sectors which may be in the doldrums at the moment.  The forward moves will probably be in construction, as demand for housing in Britain continues to grow.  Currently there are government incentives for new-built houses; new year, starting April-May 2014, there would be help available for those purchasing older houses.  The government is trying to satisfy the appetite for home ownership, at the same time welcoming qualified people from abroad who see Britain as a safe and pleasant land to live in.  More demands will arise in the health (probably private now) and schools sector, and accordingly new buildings will need to go up. 
 
So long as banks continue to lend (from the stimulus portfolio of about £375 Billions already issued) there should be little trouble in seeing growth and opportunities in the U.K. for the foreseeable future. It is for entrepreneurs and business owners to take up courage and ask for working capital, and set about their work with vim and vigour.  The time has never been better.
 
Kind regards,
Duru-darshan
 
 
 
 

Mixed signals about the economic picture

There seem to be mixed signals about the economy. 
 
The OPEC countries exported oil worth $1.27 Trillion last year, so that much wealth has been created for their economies and the nations who trade with them.  What is baffling is the high Oil price, which in my calculation is far too high to sustain Recovery.  Couple that with an observation made by Prince Al-waleed bin Talaal that in view of increasing shale gas production, especially in the U.S., the world is less reliant on oil from OPEC, meaning declining demand in years to come.  Most OPEC nations' infrastructure development projects would stay on line were the price per barrel no less than $85, that was according to Sheikh Al-Naimi and Sheikh Al-Badari as well as the Algerian oil minister about a year ago. 
 
The housing numbers from the U.S. on the Case-Schiller map have not been as robust as was expected; indeed, housing starts have been the slowest for 18 years.  While reduced inventory is holding up prices, there needs to be much more construction activity.
 
In the meantime, Lakshman Achuthan of the Economic Cycles Research Institute, who looks at the leading indicators, suggests he has seen figures to indicate a slow-down, which would probably show up in the real economy in another four-five months time.  Corrective measures by government and big corporations in creating jobs and a resurgence of confidence could help to avert that scenario. 
 
All humans like to eat and drink well, dress well, live in comfortable housing, have good transport, have good entertainment, read books, listen to music, watch movies, play in the park, go on holidays, and so on, and people always have aspirations that the economy - in the combined efforts of all to innovate, develop, utilize and monetize all that God has put on earth - will help them with improving standards of living.  That is what everyone wants. 
 
Good news from the U.S. is that they are creating about 150,000 or more jobs each month, and today sees the announcement by Amazon of the creation of 5,000 jobs at their HQ.
 
I suggest a lower Oil price would help Recovery regain its sure steps, for a worldwide economic Recovery.  I pray for that.
 
Kind regards,
Duru-darshan.
 
 
 
RSS

Recent Posts

India's "demonitsation" could have a flaw
Donald Trump will be a good great President
The Euro unification of currency and philosophy has thrown up its own challenges
The Japanese stimulus may do wonders for the world.
I believe Japan should be cutting the Stimulus

Most Popular Posts

India's "demonitsation" could have a flaw
Donald Trump will be a good great President
The Euro unification of currency and philosophy has thrown up its own challenges
The Japanese stimulus may do wonders for the world.
I believe Japan should be cutting the Stimulus

Categories

"I know for a certainty that He is coming back"
"Where there is peace, there will be prosperity".
#Business Show, Excel, 18th May (today) Docklands.
1st E-Mail Campaign
A 385 Billion Euro Plan for Greece - the Jucker Plan
A crunch point for Greece and the Euro Area.
A 'damage limitation' excercise after Brexit.
A further pierod of economic Recovery in the Euro Area,and Europe.
A method to help Swollen legs
A sensible arrangement with Greece would be best
A stockmarket correction before resumption of the bull trend?
Abenomics, Mr Kuroda.
Accomodative Stance.
Acts of Nature
After the bitter pill, good times ahead for Greece?
Ah so....Mr Abe's economic stimulus, authorized by Guvnor Kuroda.
app.brandwatch.com
Appeal for peace and help for Ukraine
Ayurveda - Jobs in voluntary sector
Bangladesh building collapse
Bank of England rate unlikely to be raised just yet...
Baptism to be born-again.
Basil leaves tea.... for reducing diabetes, soothing cancer
Batman, comic books, turn ons.
Best in the Industry
Bhopal
Branding
Brexit - a lesson for positive changes?
Brexit? Oh no, I believe it would be a bad idea.
British Airways - lost property - missingx.com
Budget for the Enterprise culture.
Burma - Nobel Laureate Aung Sang Suu Kyi
Business Show, Olympia 22-23 Nov London
Can Dr Yellen delay hiking the rate for some time?
Cheers to the pre Christmas spirit
Children dying of measles in Larkana, Sindh.
China - positive signs
China is still very rosy, with re-focus of the economy
Chinese stockmarket fall
Church of Jesus Christ of Latter-Day Saints
Cinema
Clarity will help the Euro develop into a strong Reserve Currency.
Climate Change, make furniture
Climate change? Unseasonally warm
Continuation of Recovery.
Co-operative Enterprises
Corporaate Social Responsibility
Corrections : CBoC rate and Stephanie Ruhle
Could Mr Kuroda taper the Stimulus?
Creating employment, the challenge facing Europe
Credit Easing
Cultural harmony
Cyberattack? or just some hiccup?
Cycles and the stockmarket
Debate about the £26,000 benefits cap.
Debt Ceiling
Debt Ceiling II
DEmonitisation may have a flaw
Detroit
Developments in Orissa, Bengal, Meghalaya
Diamond Jubilee and Olympics
Diamond Jubilee Year and Paralympics
Divine Guidance
Do you care about the young doctors?
Donald Trump shall be a good great President
Donald Trump would be good for a King, but not as President
Drink a Pinta Milk a day.
Drought, and shortage of drinking water, in India.
Durudarshan for Prime Minister of India, May 2014
Durudarshan.co.uk/blog
durudarshanco-21
E.C.B. Stimulus
ECB 20 Billion additional stimulus,
ECB Stimulus
Egypt
Eike Batista, 10th Richest Man in the World.
Elan Musk
Enhanced ECB Stimulus would be an Act of Faith.
Euro
Euromillion Lottery Winners
Europe hopes Britain will remain In.
Eurozone
Exciting times ahead for the world economy.
Expansion the key, to avoid recession in midst of plenty.
Extended Stimulus by the E.C.B. and a 10 basis point cut seems good news.
Facebook - my blogs on Facebook
Fathers Day - some heartwarming words
Football Clubs
France, Germany, Brazil, India, Russia.....greetings!
Free Money and grants for U.S. citizens.
From Recovery to Prosperity
Frozen shoulder
Further peace, lessen war and conflicts.
G8 Summit
Georgia, Tbilisi
Gifts...for Christmas and all year round
Go ahead, ask the banks for a business loan.
Good days ahead for India, with the Acheh din Budget.
Good evening, Greek friends....
Good times ahead
GoodshowTradingLtd.com
Greece
Greece - an act of faith is necessary
Greece - In or Out of the Euro system?
Greek Debt Situation
Greek national dance in celebration.
Growth for Europe
Guest Book
Gurdas Sidhu - Knowledge to Action
Hacking a problem on blog - please connect via Facebook
Happy Birthday, Grace!
Happy Easter
Happy Fathers Day
Happy New Year!
Health - Diabetes
Heavenly Father, where art Thou? Can people share God's Umbrella?
Help for Indebted Farmers in India
Help save High Street stores in Britain
Herbal and Ayuvedic medications
Hillary Clinton needs all the support in New York and California...and Redmond,Kentucky...
Hillary Clinton odds-on favourite with the bookies, no wonder.
Hillary Clinton, The Donald, the Tea Party?
Hillary for America = America for Hillary
Hillary for America. The Democrat faithful can make it so today.
Historical blogs - of current interest.
Hollywood L.A.
Homely Comfort
Hopefully, the ceasefire can lead to a greater Peace in Syria.
Housing - Social and Improvements.
How can the symphony of Recovery and Prosperity resume?
How can we perhaps have the miracle of Inflation?
How does money get to the real economy?
How would a Greek 'default' affect us all?
I believe Japan should reduce their Stimulus
I pray for Venezuela, now suffering poverty due to fall in Oil price.
I would appreciate your comments
India
India - The Lokpal Bill
India, shortage of water a national emergency?
India's 14th 5-Year Budget.
Inspiration from the Master Mariner
Interest only Mortgages
Interest Rate and the Economy.
International Women's Day
InterTrader Affiliate
Investment Analysis and Management
Iran, a new era of peace
Is Brexit likely? Will Hillary win the Presidential race?
It would be just wonderful....The Queen's Speech
It's looking good for Hillary Clinton.....and for Donald Trump.
J.P. Morgan
Japan - Prayer for continued recovery
Jesus, the Heart of Love for all Mankind
Job creation for youngsters in U.K.
Jobs and growth
Jon Bon Jovi, Rockstar, Humanitarian, a Heart of Love.
Kimberley Davis, Sarsaparilla
Light a candle....to Prosperity
London Business Show - 7th June 2013.
London Business Show, 28-29 Nov, Olympia.
London Housing Market
Loves and blessings for Christmas
Manoj Bhargava - Billionsinchange
May Allah bring Peace
Micro and macro - chocolate, fruits, money.
Middle East
Milk
Money for 18-24 year old Entrepreneurs
Money supply
Money, money, money
More libraries, free books.
Motivational
Mountain of $57 Trillion, and a family worth 700 Trillion?
Mr Maponya, a dream city in South Africa.
Mr Tsipras makes impassioned plea for help for Greece
Mr Wilson, Yoga Masseur
Mrs Clinton holds Mr Trump on form. I believe she will win.
Mrs Hillary Clinton for President
Musical Christmas celebration, by the Hyde Park Choir
My sentiments are to vote IN on 23rd June 2016.
Nature's Law
Nigeria
North Korea's Mini Bomb....let us view it as comic relief.
Now is the time for all good men and women to come to the aid of the Party.
Nuclear Power
Odisha, Andhra Pradesh, Bengal
Oil price and Recovery
Oil price far too high
Oil Price, Interest Rates and Recovery
One day for God.
Over half a million new jobs with a Brexit?
Painting and Art.
Pakistani treatment of Indian prisoners
Paralympics
Peace
Peace between Russia and Ukraine
Peace and Prosperity ahead for 2016?
Peace and Understanding.
Peace helps us not to fall short of the glory of God.
Peace in Syria - something must be done to arrange this.
Peace, as a rose upon stony ground.
Pensions
Personal three wishes for 2012
Please, can they consider amending the Myanmar Constitution?
Poor inner-city areas a breeding ground for terrorists?
Pray, and avoid the tragic occurences
Prayer for Peace in Syria
Profitable trading
Progress in harmony, not disruption.
Promoting on www.durudarshan.co.uk
Prophet Mohammed
Prosperity
Raise a glass of bubbly to Greece
Ratings and Opinions
Read the Scriptures with spirit, and you will find the answers.
Real life supermen!
Real life Super-woman
Recovery in the Eurozone now likely to continue
Redmond - Blessings of peace unto you.
Remain connected, improve connections
Remembrance Sunday
Renewed Recovery for the Euro Area now possible.
Right selection of business
Right to Work, Obamacare, competitive wages.
Sadiq Khan, Mayor of London. A celebration.
Saudi Arabia proposing some welcome cuts.
Save the Leopards - WWF
Security - Police
Selective Immigration
Shadow boxing? The night is yet young in the contest for the highest office in the world.
Sister Akunne's good news...her exam pass, and continuity to work as a teacher.
So much money!
Social enterprise, Micro-finance for UK entrepreneurs.
Social Issues - Commentary
Somalia - books, handbags
Some thoughts for the New Year.
Some thoughts on Christianity
Spain
Steady growth for Europe for the next 18 months, by grace of God.
Stimulus in Europe?
Stock Market
Suggest Japan should taper their Stimulus.
Swami Baba Ramdev
Swami Ramdev, Patanjali Yogpeeth Trust, India.
Swaminarayan Temple, Neasden
Swissie
Syria Peace Talks to be arranged for 9th March 2016
Tata Steel - could they find a buyer soon?
Testimonies at the Latter Day Saints church, Ilford, UK
Testimonies of a Christian family
Testimony at the LDS Church after the Blue Moon
Testing, testing
The Church of Latter-Day Saints
The Affordable Health Care Act - great news.
the British steel industry - and the E.U.
The Chancellor's Autumn Statement
The Digital Economy
The Euro Area Stimulus to commence very soon
The future is bright, very bright
The future looks rosy. I believe we shall avoid a recession.
The God Particle.
The Golden Plates and the Inspired Translation of the Book of Mormon.
The Himalayan tsunami
The love of Christ - a strong enough foundation.
The magic of chemistry - partnerships.
The Mormons
The Mystery Method
The Panama Papers
The price of Gold
The price of Oil
The Queen visits Ilford.
The Queen's Speech 8th May
The Queen's speech to Parliament
The refugees from Syria - help for them, please.
The Republican candidates
The Third Industrial Revolution
The Tools for te nut
The U.S. Presidential elections
The U.S. Presidential race
The U.S. Property sector, creating $2 Trillion to the good.
The US Housing Market
The Yuan adjustment
To Alexis Tsipras and the Greek nation - growth, Recovery and Prosperity.
Tolstoy would have been as Christ.
Tolstoy's bread crumbs
Touker Suleyman, who bought an ailing company for a £1 and turned it into a £27 Million tu
Trillion dollar coin?
Truth shall prevail - a spiritual musical
Turkey
U.S. government funding till November 2016, please.
U.S. should extend the Debt Ceiling, Japan should taper, India should cut the rate, U.K. doing fine
U.S. shutdown
Undocumented Immigrants in the U.S.
Utah
Vegetarian food in Las Vegas
vistaprint test
Website traffic streams
Welcome
West Bengal
What can Mr Putin not do?
Who will win the Presidential race?
Why don't the stockmarkets like prospect of a Republican win?
Why I feel optimistic about Greece
Will the DOW reach 18500, or even 19000?
Winds, be thee still.
Wish you a Happy New Year...Prunay le gillon, Oxford and New York.
Wish you a joyful weekend.
With high energy prices, how can British steel industry survive? Yet survive it must.
Work hard, and work for peace....that way may be the noble, dignified way forward.
World Money Show, 8th & 9th November
Worldwide Economic Recovery
Would you borrow from your bank?
www.durudarshan.co.uk
Year of the Monkey.
Yulia Tymoshenko
Zimbabwe - may it continue with fair policies
powered by

Website Builder provided by  Vistaprint