Bank of America Corp. and JPMorgan Chase & Co. climbed at least 3 percent as the number of people collecting unemployment insurance dropped by the most in almost eight years. Alcoa Inc. and DuPont Co. added more than 2 percent as gauges of leading economic indicators and Philadelphia manufacturing topped economists’ estimates. Discover Financial Services rallied as the credit-card company’s loan losses grew less than forecast.
June 18 (Bloomberg) -- The index of U.S. leading economic indicators rose in May for a second consecutive month and a regional factory gauge climbed more than forecast in June, showing the worst recession in five decades may soon end.
The leading index increased 1.2 percent after a 1.1 percent gain in April, the best back-to-back performance since November- December 2001, the New York-based Conference Board reported today. The Federal Reserve Bank of Philadelphia’s general economic index jumped to the highest level in nine months.
看看一個月前的美國樓市消息。
http://www.nahb.org/news_details.aspx?sectionID=0&newsID=9237 Builder Confidence Continues To Rise In May http://www.nahb.org/news_details.aspx?sectionID=0&newsID=9250Housing Affordability Surges To Highest Level In 18 Years 在可預見的將來，我們可能會聽到更多的好消息。只不過這些消息是否已充份反映在市上股價上，是另一個議題。老實說，在年初我也不知道經濟何時會復甦，但我仍是堅持逢低買進股票，主要是因為以下的「盲目」信念。－超過十八個月以上的熊市是稀有的。若我不幸遇上，那真是非常的不幸。－基於上一點，經濟是循環運行，有低潮就會有復甦。－再基於上一點，熊市見底反彈的那一段升幅往往是巨大而驚人的。我寧願早點參予。－股市是經濟最可靠的先行指標。－堅持價值投資。（一些股票跌到比淨現金價值還要低，怎可以忍得住不買進？）個別的股票，例如銀行股，我之前一直不敢沾手，直至－滙豐控股跌至低於資產淨值水平，不久之後花旗銀行表示09年第一季開始有盈利。再之後銀行表示要償還政府救助的借款。世界各主要經濟體的債券息率曲線均十分徒斜，有利銀行盈利。－－＞買滙豐。－國內阿爺巨額救市，國內銀行息差有見底跡象。第一季業績公布顯示了我們之前憂慮的情況究竟多嚴重，例如盈利有多少倒退，壞賬率有多差，息差收窄有多少等等。－－＞買建行。到現在才意識到經濟的好轉，似乎有點遲。不過，很多時候，遲到好過無到。牛市，總是持有股票勝於持有現金。價值投資在任何時候都適用，市場調整是上天給我們的機會。當然我的看法都可能是錯的。不過暫時 so far 都還是對，將來可能的錯誤，要用風險管理來應對。始終投資股票永遠是有風險，唔驚得咁多。－－－－－－－－－－－－－－－ 看誰跑得快：http://www.editgrid.com/user/rsbcheng/Competition