Tuesday, December 16, 2014

Wall Street waits for some good news...

But it still has to wait...

1. Banking stocks will be under pressure as a fallout of world slippages;
2. Russian trouble will spill over to Eurozone.
3. Eurozone businesses are already cutting prices.
4. Shale producers may seek restructuring even as oil recedes;
5.USA Housing Starts and Permits were not positive.
6.Southeast Asian currencies are wobbly and will continue to threaten Asia which is the hub of growth now.
6.Indian Parliament is stuck in political wrangling so the only growth oriented BRICS country has lost an advantage in implementing reforms.
7. Geopolitical tensions will slow growth.
8. UK property prices are falling. 

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