The economic results of the week summed Kareevsky Alexander and Alexander in the studio radio Vekker "Vesti FM." Vekker: Hello. This program, "The economic recovery." My name is Alexander Vekker. Beside me, Alexander Kareevsky – economic commentator of the channel "Russia-24". And we, of course, will discuss the most important, most interesting developments in the economy. Kareevsky: Good morning. Vekker: Well, I, frankly, when I thought about what we say it was three or four days ago, was a dilemma, now there is this dilemma. Kareevsky: Yes, the beginning of the week was quiet, like, seemed to calm down investors, stock exchanges, calm down, all the same selling period is still long. And it was hoped that some stabilization in the markets will be. But, as you correctly pointed out by the end of the week the situation changed dramatically: the markets started to fall again, remember the old, and I was just on vacation, and our program does not come out, but there were interesting developments. But actually, when I found out on arrival everything was already clear that nothing new actually, for me, the unexpected happened, because in fact we have said many times, and with Elena in the programs that the situation remains very tense, heavy . And when this one will burst the abscess, it was difficult to predict the specific day, but that it will happen soon, it was clear. So I really think that all these problems we are experiencing is just the beginning, unfortunately. Vekker: Only the Beginning. And I wanted to аск, the gap has occurred or not? Kareevsky: None. I think this is just the beginning. Why? Because the fundamental factors that lead to these variations here, they remain unresolved. And what's more, most importantly, it is clear that economic processes – just a long process, but most importantly, that it is not clear how they will address these problems. And so the markets are at a loss, they absolutely do not know. Vekker: And the most amazing thing is that those who influence a decision, he does not know. Kareevsky: Yes, absolutely. And here is the main reason why we will probably fall this week. Rather, there are several, of these reasons, of course. But one major problem – is that the same Fed actually split into two parts. So far so they do not have equal parts, because the main part of a large, it is still in favor of monetary policy to continue the ultrasoft, but more and more voices of the conservatives, the so-called hawks, which offer all the same to think about that inflation could spiral out of control, respectively, and methods of quantitative easing, simply, that is, printing money, they just do not help the economy. Vekker: do not work, yes. Square vsky: And it was quite an interesting statement of individual representatives of the Federal Reserve this week, which is just saying that, in general, we have promised in vain (something that Mr Bernanke, head of the Federal Reserve, pledged to the middle of the year not to touch 2013o the federal funds rate). On the one hand, yes – it seems to be a positive aspect in order to reassure investors, and they seem to be on it and calm down. But on the other hand, realized that the automatic inclusion of the printing press for the third time will not be, though many in his still hope. And I think that they actually come to that, I mean … Vekker: But not this year. Kareevsky: But most likely, probably not this year. They will wait, when the real figures are confirmed, negative economic indicators, American, which is now out, and this week went. Vekker: But they were not quite negative yet this week were. And reporting on the companies we have seen, it is not quite bad. Kareevsky: In fact, the main problem for the U.S. market – now it is the job market. Vekker: And the unemployment rate. Kareevsky: Unemployment. Consumer confidence is now at the minimum values. Yes, come, you're right, good data on industrial production – 0.2 percent, 0.5 expected last month. Must say at once that all the same industrial sector in America – it is not the main sector, as part of the American economy, it is only about 11 percent of GDP. There are different figures and different assessments of who is speaking almost 7. In fact, well, let 10, and everything else – this service. Vekker: Consumer Goods. Kareevsky: Consumer three-fourths of GDP is an American. Therefore, we should look there. And just in consumer issues.
Recent Comments
Related Posts
