Featured Post

3 Cost Effective Ways to Solve Metro Manila's Traffic Problem

Image
The Facebook page of ANC 24/7 is asking for its reader's suggestion on how to solve Metro Manila's traffic problem. This got me thinking, "what is the best way to solve Metro Manila's traffic problem?" It's easy to make suggestions, what's hard is the implementation and the cost of implementation. So what is the the best way to solve Metro Manila's traffic problem and the most cost effective solution? Punitive Fines Add caption First of all, any implementation will definitely cost money, a lot of money. The cause of the traffic mess is the people themselves so it's only right that those causing the traffic problem should be fined and the fine should hurt. That way, the fines will pay for the cost of enforcing the law. The fines should start at P500 and goes up every week if you don't pay it within 15 days. To enforce this and prevent people from ignoring the fine. It will be tied to their driver's license or car registr...
6 comments

Downturn in the market

Originally posted at Secular Change on Jun. 8, 2006

As I type this, the stock market has been going down for the last 4 days. The Dow Jones is down to 10,938.82. It's down over 500 pts from it's high of 11,259.96 on June 5 to a low of 10,757.55 on June 8, 2006.

The media says the market are reacting to fears about the Fed raising the interest rates. But is that all there is to it?

If we are to look at the overall market. Nothing is really keeping the market up. The U.S. Dollar is getting lower, earnings seems to be slowing, cost of goods are up due to the high cost of commodities like oil and metals. In short, the cost of everything is rising. So how can companies sustain their earnings?

Dividend yields of the S&P is at 1.94%. That's lower than what you'll get in a high-interest savings account. P/E ratio is current at 17.57 while historical P/E of the S&P500 is 13.7 which means the market is overvalued by 28.25%.

Bond yields have been rising, although I think we might see the end of rising interest rates, at least for a while. The housing market seems to be slowing down. So there won't be that much money flowing into the market.

Personal debts is at an all time high. Statistics shows that American Consumer debts is 97% of personal income. Basically, all that is fueling the market and almost everything right now is debts.

So do you think the stock market will continue it's downfall or will it turn around and go up again?

You tell me.

Comments

Post a Comment

Popular posts from this blog

Manila - The most Beautiful City in Asia 1950's to the mid 1970's

Image
Welcome Google visitors! If you're looking for old Manila pictures from the 1950s to the 1970s, you've come to the right place. You'll see a collection of nostalgic photos when Manila was in its heyday. Just a quick note, I don't take credit for these photos. Somebody just sent them to me and I felt that it was important that I share it in the hopes that other people will see how beautiful Manila was and hopefully help bring it back to its former glory. Manila when it was the most beautiful city in Asia in the 1950s to 1970s The photos must have been taken in different years, from the mid 1950's to the mid 1960's, judging from the car models (though some cars are pre 1950'd). Where is O'Henry's Coffee and Donut shop in Plaza Sta Cruz (Plaza near Escolta & Reina Regente)? Can you recognize the cars? Chevy Bel-air 1958, Simca 1961-62s, Toyopet 1960s, VW Beetle 1960's, early 1960's Mercedez Benz 220... Take note, naka sapa...
Keep reading

Family Planning TVC 2014

Image
Ang Planadong Buhay ay Maayos na Buhay - Department of Health (Philippines) Please share to your friends! Follow us on Twitter @OfficialDOHgov http://twitter.com/OfficialDOHgov Pumili ng paraang hiyang sa iyo: Modern Natural Family Planning: LAM, SDM, BBT, STM, BOM Temporary: Pills, Condom, Injectables Long-Acting: IUD, Implant Permanent: Tubal Ligation, No Scalpel Vasectomy ------------------------------------------------------------- Lyrics: Isang taon palang ako, nasundan na ni Toto. Grade 2 walong taon palang, apat na bata ang inaalagaan. Grade 6 labing dalawa na ako, kasing dami na ng pamilya ko. Sabi mo pasensya na, walang pera kaya magdrop out ka. Ina ko sabi mo kami'y mahal nyo, aray ko bat di kayo nagplano. Sana di gutom at nag aaral pa, alaga't malusog ang buong pamilya.
Keep reading

Philippine Business Monopolies

Image
Just read this article on Inquirer.net about Globe complaining that the PLDT and Digitel merger would create a monopoly. PLDT chair Manuel V. Pangilinan on Tuesday hit out at Globe, accusing the Ayala group of monopolistic business practices. “PLDT is not allowed to install phone services inside malls and real estate developments (owned by the Ayala group), despite the clamor from their tenants,” Pangilinan said, noting that Globe was allowed to offer telecom services in these areas. The Ayala group, through its Ayala Land unit, is one of the country’s largest property developers. It operates shopping malls in Metro Manila, Cebu and Pampanga. It's funny how these big companies fight don't they? They talk about the danger of having a monopoly but all these talk are just of course to protect their business interest. In the end, the consumer ends up with the raw end of the deal. Talk about the pot calling the kettle black. Monopolies have existed in the Philippi...
Keep reading