The Snow Storm and I!

There is a total of five miles between the subway station and my house. It took me three hours and twenty three minutes to cross that terrain. And contrary to what you might be thinking, I actually enjoyed every bit of it. I had to abandon moi cherrie because cars were stuck in the snow almost every twenty feet and there waere no open roads. While walking home I saw people help each other, joke around and take pictures. I met an elderly gentleman who was furious his wife had  made him leave the house to go to the store and now he was stuck. Then a random dude gave me a ride for about a mile of road that was clear. Apparently he had been doing it all evening and was getting thank you calls from all the people he had helped out. It was humanity at its best. And then there was the snow. White little flakes of hope - nature at its best.

It was a great night!

Humza.

Obama's State of the Union address

As market lost points this morning in speculation over Obama's State of the Union address, I was pretty hopeful as to what the outcome will be. Now, I must say I'm not a hundred percent. Obama chose his words carefully, appealed to the emotion and presented a view or rather, a dream to the american people. He argued the necessity of investing in green energy to create jobs and future progress, to rise over bipartisanship and work as one, while presenting the idea of putting cap on certain domestic projects to reduce deficit, But did he mention how?

Not that I was hoping Obama to call upon the Gods and have the publics debt erased, I was expecting some sort of a plan. Especially considering how the Republicans have resented all his policies mostly without any credentials( Health care bill). I had imagined it would be a good idea for him to point out how this country has finally turned a new leaf what policies his administration will entail for future development and perpetual prosperity. Don't get me wrong, I agree with his every word. I think he is one of the most intelligent Presidents we've ever had. However, what the American public needs to hear is how the world has changed for the better from what it was a year or two before.He needs to push up Market confidence!. Instead, he went on sharing his dreams with them without touching upon the details of how to go about attaining them.

The American public doesn't dream much these days sir, they've seen their castles in the sky fall a part, at times broken into by THE REPO MEN!!! Give them change that you had them hoping for for so long!

Humza.

Are we there yet?

The Dow Jones saw an upward trend in the last 8 weeks... McDonalds reported higher earnings while Intel is making profit and buying back its shares... Confidence seem to be rising in the economy... the inflation rate is around 1.5% and Realtors are predicting value to rise up to 40% by 2013.
On the other hand, employment rate is up to 9.1%, people are still siting on their backs doing nothing, crime rate is extremely high and chaos is in abundance(Health care bill repeal, global price rise, increasing debt, falling currency, me getting a $300 ticket today!!!!, etc. etc.).
 Where are we then?
I'd say we are on our way, but pretty far from where we should be if not where we were in our prime.
We are definitely out of the worse and on our way to the top. We should be optimistic and savor every moment of our last few months/days/mins/seconds in this dark place.
 why?
So that we can ponder what the reasons were that got us into this mess. Too many times in the past we've made the same mistakes. Lets not do that again!

A conversation between my self and my 4 year old cousin.

Welcome to the Equity Analyst blog !

Humza.

Welcome

Welcome to the Equity Analyst Team blog where we will be regularly posting comments about economic conditions and events starting the first week of February 2011.