kalau ga salah current price is already at 4% GDP growth ... we need more inflation :( ... :p
--- In obrolan-bandar@yahoogroups.com, "Sanjaya" <mysanjaya...@...> wrote: > > �� This is an extract from a bigger report, What if US real GDP > > growth is 4%? > > �� While the most often used words to describe the recovery are > > ��anaemic�� and ��subpar��, there are two reasons why we > believe US > > growth could continue to surprise positively. One, history - coming > > out of deep recessions, real GDP grew by 6% in the first year > > (Figure 1). Two, leading indicators of housing (Figure 2) and > > capital spending are now rising - this suggests there is more to > > growth than just inventory rebuild or fiscal stimulus. > > �� We upgrade Korea to our biggest OVERWEIGHT market (from > > 3% to 4% Overweight) and we fund this move out of Indonesia > > (from 4.5% to 3% Overweight) given its strong run (YTD up over > > 90% in USD). > > �� We upgrade energy to our biggest OVERWEIGHT sector - > > cheapest among the cyclicals. We also add to Korean tech in > > addition to our large OVERWEIGHT on Indian IT services. We > > continue with our preference for cyclicals over defensives. > > > > This e-mail is confidential and intended only for the use of the individual > or entity named above and may contain information that is priviledged. If > you are not the intended recipient, you are notified that any dissemination, > distribution or copying of this e-mail is strictly prohibited. You may from > time to time be provided with investment and financial related information > and reports, including but not limited to, research reports and market or > securities specific analysis. Please note that the information is provided > to you for information only. All of the information report and analysis made > should be taken as having been prepared for the purpose of general > circulation and without regard to any specific investment objective, > financial situation or the needs of any particular person who may receive > the information, report or analysis (including yourself). Any recommendation > or advice that may be expressed in or inferred from such information, > reports or analysis therefore does not take into account and may not be > suitable for your investment objectives, financial situation and particular > needs >
