PIGS!!! yes...but i thk it is only till 3rd quater, and that is i am not sure, but i am sure this one will be the next tropedo for stock.
I thk Portugal will take bailout, then next Spain, that is the big one , and currently read that Grrece abt to default certain debt soon.
Portugal debt 9 b due, but can only pay 5b, so bailout is for sure.
Just be prepare and not so heavy loaded, want to run also easy.
And dont say mine is blues chip, even the deepest blues will be blue black.
And i heard rumour that hedge fund is taking up sizeable position in the mkt, never mind there are always rumours , but what wrong if you have stop loss in place.
You can never beat BB, just be prepare. You think this crises started in US 2007 have ended, they just reappear in another place as another crises. And now US is turning the corner, but will soon be drag into this vicious cirlce of no ending deep black hole.
Dont say i never warn you all 2 quater in advance. Good luck to all.
Dont just look at individual stock FA,and get too carry away.
LONDON, April 1 (Reuters) - European shares were set to rise on Friday, with investors expecting an upbeat reading of a key U.S. jobs report to confirm the improving outlook for economic recovery, putting lingering worries over the euro zone's debt troubles on the back burner for now.
By 0630 GMT, the futures for the Euro STOXX 50 <STXEc1>, Germany's DAX <FDXc1> and France's CAC 40 <FCEc1> were up 0.2 to 0.5 percent.
The March U.S. non farm payrolls data, due at 1230 GMT, is forecast to rise by 190,000 in second straight month of growth, with some investors expecting a rise to above 200,000 as the report comes in the wake of recent employment data which suggests the recovery in the crucial labour market was intact.
The unemployment rate is seen unchanged at 8.9 percent.
"Expectations appear to be somewhat upbeat here although this does mean any shortfall could see further downside pressure emerging across the board," said Ben Potter, market strategist at IG Index.
Equity markets were seen recouping some losses after a late session sell-off on Thursday on jitters over the finances of Ireland's banks. After markets closed, Ireland said its four remaining banks required an additional 24 billion euros ($34.1 billion) to withstand potential losses from a worsening economy in
a "stress test" scenario.
Uncertainty over highly indebted Portugal was also expected to prompt some caution among investors after the country missed its 2010 budget deficit goal, a move which makes a bailout look unavoidable, while its president set a June 5 date for snap elections.
Expectations of interest rate hikes in the United States is seen dictating near-term direction, with recent comments from Federal Reserve officials pointing to a scaling back of loose monetary policy.
In the latest move, Minneapolis Federal Reserve President Narayana Kocherlakota said the Fed could raise rates by the end of 2011, far sooner than expected by financial markets, according to an interview with the Wall Street Journal.
In China, factories raised production a touch in March while cost inflation slowed, early signs that China was scoring some success in taming prices with its gradual monetary policy tightening.
NEW YORK - Emerging market equity funds had their second-largest weekly inflows in the end of March, but it might be too soon to bet on a sustainable recovery in global risk appetite, EPFR Global said on Friday.
Inflows into the category totalled US$2.6 billion in the seven-day period ending March 30, following outflows in eight of the previous nine weeks, according to data from EPFR, which tracks funds with some US$14 trillion in total assets.
Cautious optimism about Japan and Libya as well as data showing a strengthening US economy probably encouraged investors to return to emerging markets, EPFR said.
Cheap valuations also lured investors back. Despite last week's inflows, investors withdrew US$24.5 billion from emerging market equity funds for the whole first quarter - the largest redemptions since the third quarter of 2008, when appetite for risk vanished due to the global financial crisis.
'People had been out of the market for a while, and some entry points started to look attractive again,' Cameron Brandt, director of research at EPFR, told Reuters in an interview.
Mr Brandt would not bet the market is ready for a steady recovery, however, as he sees a 'more than usual convergence of uncertainties ahead'. 'I think that is going to be a fairly rough quarter. I'd be a little surprised if a sustainable pattern actually emerges as so much has still to be worked out,' he said, citing concerns about Portugal's debt crisis, the withdrawal of US ultra-loose monetary policies, the US budget, and the evolution of Japan's nuclear crisis.
Furthermore, the recovery in appetite for emerging markets has been uneven.
While funds investing in Russia and Asia had inflows in the past week, some US$80 million still flew out of Latin America as investors worried about the impact of a slowdown in the Chinese economy and the response by Latin American authorities to rising inflation pressures.
Developed markets equity funds also benefited from the tentative return in risk appetite. Inflows into the category totalled US$6 billion in the past week, EPFR said.
US equity funds lead the way, with broadly based inflows across all capitalizations and investment styles that snapped a two-week losing streak. Retail investors committed fresh money for the first time since the third week of February, with actively managed funds accounting for a quarter of the total inflows.
Japanese equity funds had outflows of US$196 million in the past week - their second weekly redemptions so far in the year. Investors became more cautious about Japan due to concerns about manufacturing disruption following the March 11 earthquake and tsunami, EPFR said.
European equity funds eked out modest inflows of US$16 million for the week as investors waited to see how Portugal's debt crisis unravels, the fund tracker said. -- REUTERS
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