Another employment fell 500,000, the survey said that in May,

ISM index is expected to rise to 42 percent, still 'to face up to' recession territory

Heavy job losses to hit the family in the United States in May, economists believe that the Holocaust has been continuing to remove almost all the employment growth over the past decade.

Once again the U.S. economy may be down 500,000 jobs in May for the first seven months of the loss of at least 50 million people, including 539,000, the survey in April, analysts said MarketWatch. The unemployment rate may rise to 8.9 percent from 9.2 percent in 1983, its highest level since.

U.S. Department of Labor will be announced in May employment report last Friday at 8:30 am This is the largest economic block in a week the release of full data coverage in every economic sector.

In "normal circumstances," such a huge job losses "will be regarded as very bad news wrote:" Brian Bethune and Nigel Gault, economist at Global Insight Inc. in the IHS. However, these things, but sometimes it is normal.

Investors "may be encouraged by the fact that it seems that the pace of layoffs is slowing down - a slight increase, wrote:" Meny Grauman, an economist at CIBC World Markets. This will be the smallest loss, because the work of the monthly loss of 380,000 in 10 months after the financial panic after the collapse of Lehman Brothers

If economists are correct, non-agricultural employment in the United States dropped from 131.9 million in May, down 6.2 million in December 2007 and the minimum wage since the count since 2000 8 on. All the employment growth, because of the economic recession in 2001 has been eliminated, and then some.

In the past 10 years, the Hong Kong economy has created 1.7 million U.S. dollars of net private sector employment opportunities, and the labor force increased by 5.7 million U.S. dollars. This is by far the weakest job growth since the Great Depression. In the past 10 years span (1989-1999), the economic increase of 18.4 million private sector jobs.

Economists were cautiously optimistic that the worst job losses of the recession in the past, but few are confident that we will see any meaningful job opportunities growing rapidly.

"We are still expected to rise in the unemployment rate to the United States in 2010 reached a peak of about 10.6%, wrote:" Wachovia economist.

The number of weekly applications for unemployment benefits data show that the rate of layoffs has eased. Four-week moving average of new claims had fallen by about 30,000 to 627,000. However, continuing a record number of applications for unemployment benefits showed that, once laid-off workers find new jobs is very difficult.

ISM manufacturing
The manufacturing industry is still in the deepest downturn since the Second World War, but again the pace of decline seems to slow down. U.S. Institute for Supply Management index increased slightly in May from 42 percent to 40.1 percent, economists said.

Institute for Supply Management will be announced Monday at 10:00 Eastern time.

42% Supply Management's index will be maintained, "said the territory to face up to recession," Wachovia economist. "However, recently confirmed that the concept of increasing the economic recovery will be the beginning of the end of the year."

ISM index lowest point of the 28-year low of 32.9 percent in December and has been moving ahead steadily higher since.

Calculation of the United States Institute for Supply Management survey of purchasing managers from manufacturing enterprises were. Rather than asking them how many tools, they are offering for sale, in the ISM tools and asked them whether they sold this month than last year.

The resulting survey to tell us how broad-based economic recession is a company, rather than the depth of cut. Any reading of 50% in the ISM indicates that enterprises are still the more and more serious (or no better) for most manufacturers.

In manufacturing output fell by 22%, equivalent to the first quarter of the adult rate. Production dropped in April, but much slower rate of 3.7 percent annual rate. Exports and capital spending of U.S. companies did not increase, but they do not belong to the same period their speed.

Any rebound in U.S. manufacturing firm will depend on the needs of foreign countries and the United States. If all goes well the GM / quotes/comstock/13 *! GM / Price / NLS / General Motors (GM 0.75, -0.37, -33.04%) and Chrysler bankruptcy, auto sales should be slowly starting to recover, according to IHS company of Global Insight analyst. However, capital expenditure of U.S. companies are still cautious to anemia

Hong Kong's stock market

Stock system, originated in 1600, the British East India Company (British East India Co.). At that time, it is the cause of the operation of navigation, each time before the sea, to the people to raise funds, ending voyage will be funded as well as his own profit the voyage back to donors. Starting in 1613, the company changed to four flights, only to send a profit, this is the "shareholders" and "dividend" of the predecessor. 



London 7000 kinds of stock 

Hong Kong Stock Exchange has been set up in 1891. Hong Kong Stock Exchange in 1962 when the possession of 65 kinds of shares, warrants, together with the 1993, has been more than 500 kinds of securities. Compared to other countries but still many times less, for example: there are 1200 kinds of Korean stocks, there are 7000 kinds of London, 2300 kinds of New York, Tokyo 1800 kinds, there are 1600 kinds of Toronto. 

Mainland China companies listed in Hong Kong to apply for, and has formed a trend, first in July 1993 to Hong Kong-listed Chinese companies. Rapid growth of the Hong Kong Stock Exchange. Volume will be doubled. 

By the end of May 1992, the Hong Kong Securities Clearing Company Limited storage of 236 billion yuan of stock market value. By the Hong Kong stock market shares of domestic enterprises in China, the Hong Kong stock market will grow very rapidly, there will be more attractive to overseas investors. Hong Kong stock market may soon become a world-class stock market. To July 1993 total assets of listed companies, Hong Kong stock market is one of the world's top ten stocks. 




Financial center 

Every country, there is a financial center. In New York, United States, United Kingdom to have a London, Tokyo, Japan have a China to Hong Kong in 1997. As long as Hong Kong and the central government to maintain a constructive and good relations after the handover of sovereignty, Hong Kong's international competitiveness will be stronger and more prosperous. Hong Kong's GDP growth rate is greater than the amount of the rate of population growth is to raise the stock price of economic factors. 

In 1993, the Hong Kong listed companies have to the development of the Chinese mainland. Industrial stocks listed in Hong Kong, almost all of them set up factories in mainland China. Other types of companies, including: HSBC, Lai Sun, Hopewell, New World, Sun Hung Kai Properties, beam in Asia, Star, etc.. In mainland China have a large project. 

Hong Kong is a capitalist society, the vast majority of economic activity is to be completed by the listed companies. These economic activities of listed companies, a direct impact on Hong Kong's economy. 

Hong Kong has always been Hong Kong's re-exports of Chinese goods, China has 1.2 billion population, China's rapid economic growth, is obvious to all. To promote Hong Kong's trade her. Such strong backing, other than a few of the financial city. Therefore, Hong Kong is going to go beyond New York, Tokyo and London, will become the world's richest city. 

Hong Kong people have savings, investments should be to learn the knowledge, take this opportunity to your environment. 



Thinking 

1. Stock Exchange What is success? 

2. Why has Hong Kong become the world's richest city? 

Tesching Stock Investments + shares

Many people think that money is gambling on the stock. Capital is placed in factories, restaurants or boutiques, etc., is a legitimate business, they will mix up the stock investment and gambling. Gambling is 50, the chance of 50, for example, to buy large and small, is equally divided, but takes the whole dice, gamblers lose the opportunity to rate more than win.

Successful stock investor needs to consider a detailed and correct judgments. If you buy stocks to Macau as gambling, luck is bound to be a failure to analyze the pre-investment business, management capacity, the prospects of its financial position, profit-making situation in the past, the economic outlook and so on.

It involves the economic system, securities valuation, investment plans, the use of specialized skills, theoretical and practical co-ordination and so on. Investing in stocks is his business is his business to long-term struggle. Investment to be successful, is entirely a question of knowledge. Investment is a new applied science.


Function of stock

The stock market, which has contributed much to society. For example: the hands of 100,000 yuan per person is very limited. However, if tens of thousands of people out of 100,000 yuan per person listed on the purchase of new shares to the company to raise funds for the construction of power plants, you can collect tens of billions of dollars. Power plants will be built. Function of the stock market is "a view to pooling resources" to achieve the purpose of the development of large projects.

From 1987 to 1991 the five-year period the way to raise funds through listing in Hong Kong reached 143.3 billion yuan, equivalent to the construction of the new airport on Lantau Island in Hong Kong funding.

Behavior of the stock market, and promote economic growth and prosperity, can improve people's living standards. Each will have different income approach, it was a part of their income for consumption, some people will the rest of the charging of interest on bank deposits. Some people will be used to invest in stocks. Do not follow the beaten track, to make better use of the social environment, using the mind to discover and invent. Because stubbornly conservative and never will own and social progress.

Shares a long-term profitable

No investment experience of the people, when they talk about stocks, would say the stock is very risky to buy. This is subjective, because they have not been studies.

In fact, the stock market is indeed every three or four years there will be a crash. Over the past three decades, there were nearly ten times the fall. But every time their stock prices still higher. The Hang Seng Index by 70 points in 1965, rose to 9000 points in 1993, in other words, the past three decades, no matter when you buy stocks, and today, like you make a lot of money. See the following table:



History has proved that investment in Hong Kong equities, as long as they are long-term, there will be no risks, but also lucrative.


The benefits of stock

Chinese tradition is to bring up their children for their retirement, but such claims have not modern. Might as well be the prime of life savings to buy shares, the old stock when the interest and appreciation has been able to maintain living expenses. Early in 1979, alternate index is 500 points. In 1993, the Hang Seng Index is 9000 points, up 13 times. Many stock rose twenty-fold. If the 300,000 yuan to buy the stock at that time, there are six million dollars, and flat enough to lightly rest of their lives.



Chart: the level of the Hang Seng Index monthly chart. From December 1969 to August 1993.

The stock market has been in existence for 200 years. United Kingdom Stock Exchange was founded in 1773, the U.S. stock market was established in 1790. The Chinese Communist Party in 1990 also began the restoration of the stock market that the stock market has its function and benefits. Modern scholars generally agree that the economy: investment is greater than the savings will enable the national economy and prosperity, investment is less than savings, would economic downturn.

Sure the benefits of buying stocks, and we have to decide how to buy stocks, how to make investment decisions, this study is an investment. Research it is the most effective way, (referring to the shortest time), the most secure way (referring to funds can be recovered at any time), for the reproduction of capital in order to achieve the purpose of profit.

Successful investors, will definitely have a deep understanding of the stock. It is a science, and business, as do not know. "Cooked" that "there is some understanding of research, there are ideas and experience." Stock market losses, investors are a lack of insight into the sky.

Subsequent chapters, will help you through the principles of stock trading to increase profit opportunities.

Thinking

1. Only members of the public savings, do not use cash, what is the impact on society?

2. Before investing in stocks, what should be considered?

3. Chinese mainland enterprises listed in Hong Kong, Hong Kong and China have any effect?

4. What would you use your remaining funds?

5. Investment should be the scientific basis for those?

6. Examination of the origin of that investment.

7. Try to clarify the definition of investment.