Tuesday, October 30, 2012

Sunday, October 21, 2012

Why should Canadian Investors pray for Obama


Why Investors should pray for Obama
Article: Canadian Business
Published: October 24, 2012
Article Written by: Bryan Borzkowski
Summary:
Stovall quotes "It won't be a great year" for 2013
Sam Stovall, S&P Capital IQ's chief investement strategist explains the behaviour of the presidential cycle affecting the stock market. Recently, Sam has looked at the market data between 1900 and 2012 to understand how politics affects the S&P 500 Index. Mr. Stovall stats that if Canadian investors could vote, they'd want the odds to weigh for Obama to be eleceted president. Ned Davis Reasearch explains that when an incumbent Democratic wins, the market turns on average, 16.8% in the post election year. Whereas when the incumbent Democrat loses, the market drops 10.2%. If we get lucky best scenario is, if Obama wins his party will be controlling both the Senate and the House of Representatives. In the 38 years that the Democrats controlled all three bodies, according the Stovall the market returns, on average, 8.4%. If Romney wins and the Republicans take the Capitol, the average return is 6.7% over 29 years. What Canadian investors want to avoid is if there is a split Congress with Romney at the helm, because when a Republican leads a divided Washington the market is turned to a averaging 3.2%. On the other hand, if Democrats split Congress the return averages to 7.5%. Stovall also mentions that if Obama wins it will benefit industries like gold, alternative energy health care. If Romney wins then he will push forward energy, financials, rail roads and utilities.
Opinion:
Personally, I think that Sam Stovall's expectations and patterns for the stock market are very interesting. His patterns on politics affecting the market are extremely wise. From what Stovall says, I think this is a heads up for all of the Canadian investors watching presidential election. November 6th will be a shocking day for not only the Americans but for Canadians too. If I were a investor I would pray for the best, because from the sounds of it, 2013 will be a rocky year.

Saturday, October 6, 2012

Chinese man builds his own Lamborghini Reventon!!


Lamborghini Reventon (Made in China)?!
 
 
Article: Digital Journal
Published: September 1st 2012
Article Written by: Anne Sewell
 
 
Summary:
 
"I want to make a sports car that has superior performance in every way"
- quotes Wang Jian
A 28-year-old man Wang Jian, in Jiangsu province (eastern China) is a hard working mechanic with a dream. A son of a farmer, Wang decided to build a Lamborghini Reventon by using a Nissan and Volkswagon. If you didnt know; there are only 21 Lamborghini Reventon's in existence; each worth 1.5 million dollars. This is a working car, even though it still needs some finishing touches, including headlights, he is able to drive this car around casually. Wang says that so far the car has cost him 9.5 thousand dollar, not a bad price in creating a fake. He also explains that his dream is to manufacture sports cars and one day design one for his own.
 
 
Opinion:
 
I think that this young man has lots of talent in engineering. I was very surprised at the fact that the car works, and considering this poor 28 year old chinese man creates this 'fake' car out of almost scratch is amazing. Espicially how he got so much detail on the exterior part of the car is phenomenal. This hard work will pay off for Wang, if he continues to put effort in his cars he can easily be invited to a famous car brand. Espicially if he gets into more engineering studies he will definitely be working for a popular car brand. But, he in the future I think he should also make a nicer interior system in the car, inclduing A.C, radio; that would be very cool! In conclusion, Iwill not be surprised if in a few years, this guy will be in the newspapers.