Recently, I have been studying in my spare time the prophecies of the Bible.
I don't want to hurt anybody. This is how I understand the Bible and I am getting to know it more and more as I develop in my new "hobby".
1. The anti-Christ is not a person from eastern Europe speaking English with an accent. The anti-Christ is the pope and the Roman Catholic church as an institution is an institution of the beast.
2. The mark of the beast is not a microchip... Rather it is disobedience towards God's laws. Which one of the commandments is the most broken commandment? The answear: The fourth commandment to keep the Shabbath day holy. Thus, the person who don't keep Shabbath holy has a mark of the beast already because (s)he is disobedient towards God's laws.
Wednesday, April 15, 2009
Monday, April 6, 2009
Economic Outlook 6th of April 2009 Finland - update + a personal view
It seems that the stock markets are rallying in Helsinki.
The positive things are:
1. Real estates markets have been recovering from fall 2008 slightly (however, usually people buy more real estates in spring than in fall in Northern countries).
2. Interest rates are historicallly low (12 month euribor 1,802 %).
3. Oil price around 45-55 USD/barrels compared with the highs a year ago.
4. Gold has dropped slightly - a sign that some of the investors are more willing to take risk than just a few months ago
However, macro data doesn't seem good. The DEFICIT of Finland's balance of trade was 79 millions euros in January 2009. The unemployment rate is in a rising trend as well.
I would suggest to be careful into getting to stock markets on the days when the indexes are rising 1,5%+.
Major of my investments are still in metals and cash. I do have opened a bearish position that will expire in December 2009.
In order to go back to stock markets I will waite a few more months and look how does the situation look like. Markets are still highly volatile which means that there is no clear trend.
To predict inflation you need to predict the acts of European Central Bank because the money supply is controlled by it. This makes it difficult to predict the future inflation.
The positive things are:
1. Real estates markets have been recovering from fall 2008 slightly (however, usually people buy more real estates in spring than in fall in Northern countries).
2. Interest rates are historicallly low (12 month euribor 1,802 %).
3. Oil price around 45-55 USD/barrels compared with the highs a year ago.
4. Gold has dropped slightly - a sign that some of the investors are more willing to take risk than just a few months ago
However, macro data doesn't seem good. The DEFICIT of Finland's balance of trade was 79 millions euros in January 2009. The unemployment rate is in a rising trend as well.
I would suggest to be careful into getting to stock markets on the days when the indexes are rising 1,5%+.
Major of my investments are still in metals and cash. I do have opened a bearish position that will expire in December 2009.
In order to go back to stock markets I will waite a few more months and look how does the situation look like. Markets are still highly volatile which means that there is no clear trend.
To predict inflation you need to predict the acts of European Central Bank because the money supply is controlled by it. This makes it difficult to predict the future inflation.
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