{"id":146995,"date":"2012-07-07T07:52:24","date_gmt":"2012-07-07T02:22:24","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=146995"},"modified":"2012-07-07T07:52:25","modified_gmt":"2012-07-07T02:22:25","slug":"weekly-recap-what-recovery","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2012\/07\/07\/weekly-recap-what-recovery\/","title":{"rendered":"Weekly Recap: What Recovery?"},"content":{"rendered":"

\"NIFTY<\/a><\/p>\n

The NIFTY<\/a> ended tepid, moving just -0.01% for the week.
Biggest losers were ASIANPAINT<\/a> (-4.48%<\/font>), JINDALSTEL<\/a> (-3.14%<\/font>) and HEROMOTOCO<\/a> (-3.13%<\/font>). And the biggest winners were DLF<\/a> (+6.45%<\/font>), BHARTIARTL<\/a> (+5.33%<\/font>) and JPASSOCIAT<\/a> (+5.17%<\/font>).
Advancers lead decliners 29 vs 19
Gold<\/a>: +0.35%<\/font>, Banks<\/a>: +3.37%<\/font>. Infrastructure<\/a>: +1.05%<\/font> <\/p>\n

Friday saw a big miss in US unemployment numbers. The Dow ended -0.93%<\/font><\/strong> to 12777, after being down more than 1.38%<\/font><\/strong>. Gold -1.66%<\/font><\/strong> to $1582.70, in spite of late-day QE3 chatter. Europe gave up most of its intra-week gains: Stoxx 50 -2.3%<\/font><\/strong>, Germany -1.9%<\/font><\/strong>, France -1.9%<\/font><\/strong>, Italy -2.3%<\/font><\/strong>, Spain -3.2%<\/font><\/strong>, U.K. -0.5%<\/font><\/strong>. The Euro flirted with 2012 lows.<\/p>\n

Unless there\u2019s some strong reform measures coming out of the government next week, expect the markets to fade: corporate earnings are likely to be week, any growth in IT earnings are likely to be on account of the week Rupee and domestic growth will continue to be stagflationary. <\/p>\n

Should we get ready for a post-capitalistic West<\/a>? <\/p>\n

\n

“The domination of capitalism globally depends today on the existence of a Chinese Communist party that gives de-localised capitalist enterprises cheap labour to lower prices and deprive workers of the rights of self-organisation,” says Jacques Ranci\u00e8re<\/a>, Professor of Philosophy at the University of Paris VIII.<\/p>\n<\/blockquote>\n

Daily news summaries are here<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

The NIFTY ended tepid, moving just -0.01% for the week.Biggest losers were ASIANPAINT (-4.48%), JINDALSTEL (-3.14%) and HEROMOTOCO (-3.13%). And the biggest winners were DLF (+6.45%), BHARTIARTL (+5.33%) and JPASSOCIAT (+5.17%).Advancers lead decliners 29 vs 19Gold: +0.35%, Banks: +3.37%. Infrastructure: +1.05% Friday saw a big miss in US unemployment numbers. The Dow ended -0.93% to … <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[987],"class_list":["post-146995","post","type-post","status-publish","format-standard","hentry","category-your-money","tag-weekly","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/146995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=146995"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/146995\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=146995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=146995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=146995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}