GDP, M&A, EBITDA, P/E, NASDAQ, Econo-thread Part 15

[Colon™]

Continuations of http://apolyton.net/forums/showthrea...0&pagenumber=5

Japan's latest GDP figures just came in:

Q-Q real GDP +1.4%, Y-Y +5.4%
Q-Q private domestic demand +1.8%, Y-Y +6.6%
Q-Q public demand - 0.6%, Y-Y - 2.6%
Q-Q public investment - 3.4%, Y-Y - 13.3%

You Keynesians can stick it up your arse.

http://www.esri.cao.go.jp/jp/sna/qe041/rshihanki.html

[DanS]

Hey, it's back!

Congrats to Japan. Putting together two quarters of solid growth was more than I expected.

[Az]

And Israel is growing, too. Yay! 5.5% annualized 2004 Q1! Exports rise by almost 50%!

Let the good times roll!

[Kropotkin]

Exports up 50% for Israel!? What the hell did you do, sell a few of your nukes to North Korea?

[Az]

shhhh.

No, but exports have risen across the board: polished diamonds, Manufactured goods, Agricultural goods. All of them!

[Colon™]

Originally posted by Azazel
shhhh.

No, but exports have risen across the board: polished diamonds, Manufactured goods, Agricultural goods. All of them!

http://www.cbs.gov.il/hodaot2004/15_04_121.htm

Is there a breakdown of exports according to commodity in there? I don't understand those funny characters.

[Az]

for some reason, the site doesn't work for me.

well, how about this for a link?

http://www.themarker.co.il/eng/article.jhtml?ElementId=%2Fibo%2Frepositories%2Fstories%2Fm1_2000%2Fmb20040518_04e.xml

[Colon™]

You must access this page with a link that has the repository id of the news items you want to view passed as a parameter.

[Colon™]

Got the link working but that info isn't detailed enough. I also want to know the share of each commodity of total exports.

[Az]

How about these?

http://www.cbs.gov.il/fr_trade/ta3.htm

http://www.cbs.gov.il/fr_trade/tc6.htm

[Az]

Am I the only one who doesn't see the 50% export hike?

[Colon™]

April isn't included yet. April exports at the level of March implies a 50% hike from the previous year. (since April '03 had a dip in exports)

[Az]

Anyway, with the increase in tax reveniew over all of this, and there is a major one, should the government:

a) Invest in infrastructure, pay debt to contractors.
b) Pay back enormous debt.
c) Cut taxes.

I am all for a,b but Netaniyahu wants to go for C.

[Japher]

I'm so happy, my financial talk radio station finally came back on the air... So, I will be switching to that from the conservative talk radio. Happy Day!

[DanS]

Meanwhile, the Germans may be going into a triple-dip recession.

Data cast doubt over strength of German recovery
By Tony Major in Frankfurt
Published: May 18 2004 11:39 | Last Updated: May 18 2004 11:39

German economic sentiment dipped for the fifth month running in May because of weak domestic demand, heightened geopolitical risk and rising oil prices, the research institute ZEW said on Tuesday.

The Mannheim-based institute said its monthly economic expectations index, compiled from a survey of analysts and institutional investors, fell to 46.4 this month from 49.7 in April.

The bigger than expected drop in the ZEW index, which has a good track record as a leading indicator of output trends, cast doubt over the strength of the recovery in the eurozone's biggest economy.

"A change in mood among financial analysts has failed to materialise - no good omen for the economic recovery," said Wolfgang Franz, ZEW president.

The decline in the index, which is now at its lowest level since July 2003, comes just a day after the Bundesbank warned the upturn was still too dependent on exports to be sustainable.

The German central bank said domestic demand remained weak and cautioned against "simply extrapolating" the better than expected first quarter growth rate of 0.4 per cent.

Eurozone growth figures, released last week, showed the region's economies expanding at their fastest rate for three years as robust growth in the US and Asia fuelled demand for European exports.

With higher oil prices, which have risen to 13-year highs, and signs that global growth may already be starting to slow, economists doubt the data point to the start of a strong upturn in the eurozone.

Robert Prior of HSBC said data such as the ZEW index pointed to the eurozone industrial cycle peaking in the third quarter of this year.

Doubts over the growth outlook coincide with signs of inflation pressures rising. Eurostat, the European Union's statistical agency, said annual inflation rose to 2.0 per cent for the first time this year.

The agency said a rise in services prices, including government controlled health care costs, was a key factor behind the rise in inflation. Increases in indirect taxes also fuelled the rise.

http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1083180588181&p=1012571727088