|
|
[ positions actuelles ] [ graphs macro economie ] [ VOS ANALYSES ] [ prev moyen terme ] [ gold silver ] [ graphs marquant ] [ position portefeuille ] [ inflation deflation ]
|
|
|
|
red de red
04/01/2009 19:30
PHILADELPHIA (Reuters) - Governors of five U.S. states urged the federal government to provide $1 trillion in aid to the country's 50 states to help pay for education, welfare and infrastructure as states struggle with steep budget deficits amid a deepening recession.
| |
|
|
|
|
|
|
|
crash de l usd ?
04/01/2009 19:26
John Taylor, who was under secretary of treasury for international affairs from 2001 to 2005, said the explosive growth of the Fed's balance sheet since September was "unbelievable."
| |
|
|
|
|
|
|
|
sombre
04/01/2009 18:30
Global Corporate Profits to Drop in ’09; More Bankruptcies Loom
Email | Print | A A A
By Katie Hoffmann and Joseph Galante
Jan. 5 (Bloomberg) -- Corporate earnings will continue to slump into the first half of 2009 amid the first simultaneous recessions in the U.S., Japan and Europe since World War II.
Earnings at Standard & Poor’s 500 companies will probably fall in the first half, marking eight straight quarters of declines. In Europe and Asia, the outlook may be even worse as the recession curbs demand for retail goods and exports.
“It’s going to be a miserable ride,” said Bruce McCain, chief investment strategist at Cleveland-based Key Private Bank, which manages about $30 billion. Earnings probably won’t rebound until the end of 2009, he said. “The market recovers, then the economy recovers, then finally the earnings recover.”
Companies are battling falling consumer demand and dwindling cash flows after banks tightened lending to cope with billions of dollars of real-estate losses. The U.S. Federal Reserve has cut interest rates to as low as zero percent, while governments worldwide have taken stakes in banks and companies to prevent a collapse of the global financial system.
“We hit the peak in earnings in 2007, and in 2009 we’re going to see continued deterioration,” said Diane Garnick, who helps oversee $500 billion as an investment strategist at Invesco Ltd. in New York. Analysts’ earnings estimates are “still way too optimistic.”
In the U.S., profit at Standard & Poor’s 500 companies will fall 11 percent in the first quarter, followed by a 6.2 percent drop in the following three months, according to data compiled by Bloomberg. Earnings should improve in the second half, driven by a rebounding financial industry, the data show.
Europe, Asia
While profits will rise 4.3 percent for the full year in the U.S., earnings in Europe are projected to decline for all of 2009 and analysts predict worsening reports out of Asia because the recession hasn’t fully hit there yet.
The energy industry will lead U.S. declines, with earnings estimated to drop 29 percent in 2009. Profit at Exxon Mobil Corp., Chevron Corp. and ConocoPhillips, the largest U.S. oil companies, will probably fall after the recession sapping fuel demand, spurring a 78 percent drop in crude-oil prices from July’s record.
At Irving, Texas-based Exxon Mobil, the world’s biggest publicly traded company, earnings will probably tumble 39 percent to $28.2 billion, the first decline since 2002, according to a Bloomberg survey of analysts.
“We expect industry earnings to be down sharply, especially in exploration and production,” said Gene Pisasale, who helps manage $13 billion at PNC Capital Advisors in Baltimore.
| |
|
|
|
|
|
|
|
prevision pas rassurante
04/01/2009 17:47
Ford forecast that industrywide car and truck sales in the U.S. fell almost 19% in 2008 and that the continued slowdown won't change much in the first quarter.
| |
|
|
|
|
|
|
|
N'oublions pas que :
04/01/2009 17:25
Même si les démocrates ont augmenté leur majorité au Sénat lors des élections de novembre, ils ont toujours besoin du soutien des républicains pour voter les lois, n'ayant pu atteindre le seuil de 60 sénateurs sur 100.
| |
|
|
|
|
Commentaire de coeurdorizon (04/02/2016 10:48) :