dollar-coffee

In The News:

Unchanged with a hint included: The European Central Bank (aka ECB) left its benchmark interest rates unchanged today and refrained from any new measures to stimulate a shrinking euro-zone economy. The big story however, was the hint heard around the world. The central bank, who has been reluctant to implement measures to revive the economy and employment of the Eurozone, would now consider cutting interest rates if the region continues stagnant economic growth. This is the first clear-cut signal of potential rate cuts out of the mouth of the big banker in forever.

Let the QE Game begin: Bank of Japan finally made it official; we are joining the QE bandwagon on Thursday. The BOJ (Bank of Japan) delivered its plan to help spur the Japanese economy, a plan that is so aggressive in nature it caught the world by surprise. The Central Bank announced as part of its plan it will double its holdings of government bonds and the amount of yen in circulation. The object of the game like all QE is to punch down long-term interest rates (like the 10 year treasury) which will spur consumers and business to borrow, spend, and invest more. Can we say start the printers, Danno.

Home is where Facebook is… Facebook unveiled Thursday its newest adventure, Home. Home is software, created for Android devices that will take over the phone’s traditional display with populate posts, pictures, and messages from the user’s news feed. All news smartphones from HTC will come with Home pre-installed and will be available to everyone else April 12.

Used bulldozer? Think Recycling… Caterpillar Inc. recently bought a minority stake in Cat Action Services, a venture started by a group of independent Cat dealers, who action off machinery that has been used for rental or trade in’s they could not sell on their lots. Caterpillar sees it as an opportunity to expand its sales of replacement parts, warranty, insurance and customer financial. Can we say Full circle thinking…?

HP Quitter… HP Chairman, Ray Lane, has called it quits and resigned after he faced fierce criticism; from both investors and shareholder advisory firm ISS, over his role in the debacle involving Autonomy. Lane will remain on with HP as a director.

In The Markets:

Asia: Two of the three main Asian markets closed mixed as China’s markets were closed Friday. The picture was a good one with both the Hang Seng and the Nikkei in the green however, the closer to the end of the trading day and technically closure to the US jobless claim number the worse the markets became.

Europe: European markets dropped on comments from the ECB’s Draghi that the Eurozone was still at risk for a deeper recession.

US: US markets rallied higher as investor choose to look at the positive: new QE in China not the negative: a rise in the weekly jobless claims.

Dow: +55.76 14606.11 Nasdaq: +6.38 3224.98 S&P: +6.29 1559.98

In Dinner or Drink:

Today we choose drink in celebration in Caterpillar recycling gig we will be drinking…

Top Cat

35 ml vodka

35 ml peach Snaps

35 ml white rum

350 ml orange alco pop

Pure orange juice

Add all three spirits into the mixer, then pour in the contents of the Orange alco-pop, finally add as much Pure Orange as desired & shake vigorously. Serve into a pint sized glass, add straws & enjoy!

Read more: Top Cat recipe http://www.drinksmixer.com/drink1t6s416.html#ixzz2VaPcqdgZ