Home

US unemployment remains high no turning back for interest rate

mahesh's picture
Submitted by mahesh on December 15, 2009 - 23:13

US unemployment remains high and recent meetings by Mr Obama suggest that he might be preparing for Stimulus 2.0 . Yeap , with double digit jobless Obama is going to play the stimulus game again. That means more spending for US Dollar and hence cheaper dollar. Can recent strength in dollar survive for longer term. I don't think so.

American Banks are returning that TARP money to get out govt control and get the liberty they want. But nowhere the previous stimulus helped the job market. Surely it did helped shareholders of those Banks and many other corporations.

What does it all means for interest rates ?

I think rates are going to stay low for another 6 month or so. That would push cheap American money into Indian markets and take sensex to 23000 level. 


»

Recent Comments and talks

What is AskDalal ?

AskDalal is a investment blogging portal dedicated to Indian investment community , where every blog answers a question.It may be stocks, bonds,commodity, real estate or anything else.Post your blog title  or a question, community will do research and answer the question to give you your own research report.It is 100%free , no registration is required to browse and ask questions.It's great for writers looking for article topic,and cool for investor looking for answers.

>>> faq

Top Contributors

UserPoints
suniljain10,440
admin2,990
rahul das2,460
anilmehta1,710
dipak1,540
rakeshseth1,500
himesh1,350
stockguru1,110
shah1,060
bharat_vora1,040
more

Become Askdalal Research Analyst

Are you an MBA (finance) students, economics students, or journalist with broad interest in stocks, investing and finance. Do you want to polish your skills before getting into job market ? Come join askdalal as Research Analyst.Email your resume to tripti.shah@askdalal.com.

If your resume is impressive you will get chance to show your talent,polish your skills and earn money along the way. At the convenience of sitting at your home computer. See rules for askdalal investment analyst.

Latest Dalal

  • rosenjack13
  • bangalore.scrap
  • bipin1987310
  • mohammed ilyas
  • mehta.a10