<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:georss="http://www.georss.org/georss" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" xmlns:media="http://search.yahoo.com/mrss/"
	>

<channel>
	<title>Petar Radkov</title>
	<atom:link href="http://petarradkov.wordpress.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://petarradkov.wordpress.com</link>
	<description>Imagination is more important then knowledge A.E.</description>
	<lastBuildDate>Sat, 14 Mar 2009 10:31:36 +0000</lastBuildDate>
	<language>bg</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.com/</generator>
<cloud domain='petarradkov.wordpress.com' port='80' path='/?rsscloud=notify' registerProcedure='' protocol='http-post' />
<image>
		<url>http://0.gravatar.com/blavatar/018e3b0f9c9c68970f2befd8dc7b30ed?s=96&#038;d=http%3A%2F%2Fs2.wp.com%2Fi%2Fbuttonw-com.png</url>
		<title>Petar Radkov</title>
		<link>http://petarradkov.wordpress.com</link>
	</image>
	<atom:link rel="search" type="application/opensearchdescription+xml" href="http://petarradkov.wordpress.com/osd.xml" title="Petar Radkov" />
	<atom:link rel='hub' href='http://petarradkov.wordpress.com/?pushpress=hub'/>
		<item>
		<title>Scenarios</title>
		<link>http://petarradkov.wordpress.com/2009/02/10/scenarios/</link>
		<comments>http://petarradkov.wordpress.com/2009/02/10/scenarios/#comments</comments>
		<pubDate>Tue, 10 Feb 2009 08:30:53 +0000</pubDate>
		<dc:creator>Petar Radkov</dc:creator>
				<category><![CDATA[1]]></category>

		<guid isPermaLink="false">http://petarradkov.wordpress.com/?p=365</guid>
		<description><![CDATA[Equity, comodity and FX markets are in broad concolidation last 2 months, therefore we can see big movements next weeks. By the way we have already seen big mevements in the treasury market, UST yield up almost 1 figure, and future of 10YT are getting 3%, that&#8217;s way we can see it as leading indicator for the market [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=365&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Equity, comodity and FX markets are in broad concolidation last 2 months, therefore we can see big movements next weeks.</p>
<p>By the way we have already seen big mevements in the treasury market, UST yield up almost 1 figure, and future of 10YT are getting 3%, that&#8217;s way we can see it as leading indicator for the market in spite of waiting again bad data about global and emarican economy &#8211; go away from strong risk aversion which we have seen yet.  That&#8217;s way Scenario 1 is my favour.</p>
<p>scenario 1.  SP +10-25% target 1000-1100; EURUSD target 1.33-1.38; Oil target 45; CRB up 4-5 figure.</p>
<p>scenario 2 SP -20-25%, UST futures +6-7 figure -&gt; yield 2.00-1.60%; EURUSD 1.26-1.10</p>
<br />  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/petarradkov.wordpress.com/365/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/petarradkov.wordpress.com/365/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/petarradkov.wordpress.com/365/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/petarradkov.wordpress.com/365/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/petarradkov.wordpress.com/365/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/petarradkov.wordpress.com/365/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/petarradkov.wordpress.com/365/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/petarradkov.wordpress.com/365/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/petarradkov.wordpress.com/365/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/petarradkov.wordpress.com/365/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/petarradkov.wordpress.com/365/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/petarradkov.wordpress.com/365/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/petarradkov.wordpress.com/365/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/petarradkov.wordpress.com/365/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=365&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
			<wfw:commentRss>http://petarradkov.wordpress.com/2009/02/10/scenarios/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/b1ab189c13f695e552665740d0efd0cd?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">5yr</media:title>
		</media:content>
	</item>
		<item>
		<title>Again about VIX, some clues that volatility is not going to decrease very soon</title>
		<link>http://petarradkov.wordpress.com/2009/01/21/again-about-vix-some-clues-that-volatility-is-not-going-to-decrease-very-soon/</link>
		<comments>http://petarradkov.wordpress.com/2009/01/21/again-about-vix-some-clues-that-volatility-is-not-going-to-decrease-very-soon/#comments</comments>
		<pubDate>Wed, 21 Jan 2009 09:22:54 +0000</pubDate>
		<dc:creator>Petar Radkov</dc:creator>
				<category><![CDATA[Comments]]></category>

		<guid isPermaLink="false">http://petarradkov.wordpress.com/?p=328</guid>
		<description><![CDATA[US Dollar, Japanese Yen Surge as Risk Aversion Triggers 4% Decline in DJIA, Jump in Volatility While many people were watching the inauguration of President Barack Obama, equity traders were focused on the sharpest drop in State Street Corp’s shares since 1984 as the world’s largest money manager for institutions reported a doubling in unrealized [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=328&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<h6>US Dollar, Japanese Yen Surge as Risk Aversion Triggers 4% Decline in DJIA, Jump in Volatility</h6>
<p>While many people were watching the inauguration of President Barack Obama, equity traders were focused on the sharpest drop in State Street Corp’s shares since 1984 as the world’s largest money manager for institutions reported a doubling in unrealized bond losses. With the exception of a few weeks in December, the US dollar and Japanese yen have both been driven primarily by risk appetite since mid-2008, as flight-to-safety and deleveraging work to strengthen the currencies. As a result, we must credit the gains in the greenback and the yen on Tuesday to lingering risk aversion, which was only exacerbated by State Street’s losses, as we also saw the Dow Jones Industrial Average end the day down a whopping 4.01 percent while the CBOE’s VIX volatility index surged higher. computer powerhouse Apple.</p>
<br />  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/petarradkov.wordpress.com/328/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/petarradkov.wordpress.com/328/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/petarradkov.wordpress.com/328/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/petarradkov.wordpress.com/328/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/petarradkov.wordpress.com/328/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/petarradkov.wordpress.com/328/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/petarradkov.wordpress.com/328/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/petarradkov.wordpress.com/328/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/petarradkov.wordpress.com/328/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/petarradkov.wordpress.com/328/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/petarradkov.wordpress.com/328/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/petarradkov.wordpress.com/328/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/petarradkov.wordpress.com/328/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/petarradkov.wordpress.com/328/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=328&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
			<wfw:commentRss>http://petarradkov.wordpress.com/2009/01/21/again-about-vix-some-clues-that-volatility-is-not-going-to-decrease-very-soon/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/b1ab189c13f695e552665740d0efd0cd?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">5yr</media:title>
		</media:content>
	</item>
		<item>
		<title>10YT US Treasury</title>
		<link>http://petarradkov.wordpress.com/2009/01/11/10yt-us-treasury/</link>
		<comments>http://petarradkov.wordpress.com/2009/01/11/10yt-us-treasury/#comments</comments>
		<pubDate>Sun, 11 Jan 2009 12:50:13 +0000</pubDate>
		<dc:creator>Petar Radkov</dc:creator>
				<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://petarradkov.wordpress.com/?p=215</guid>
		<description><![CDATA[ <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=215&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-size:12pt;font-family:&quot;"><img class="alignleft size-medium wp-image-223" title="10 years US Treasury" src="http://petarradkov.files.wordpress.com/2009/01/untitled-1-copy3.jpg?w=300&#038;h=296" alt="10 years US Treasury" width="300" height="296" /> </span></p>
<br />  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/petarradkov.wordpress.com/215/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/petarradkov.wordpress.com/215/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/petarradkov.wordpress.com/215/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/petarradkov.wordpress.com/215/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/petarradkov.wordpress.com/215/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/petarradkov.wordpress.com/215/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/petarradkov.wordpress.com/215/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/petarradkov.wordpress.com/215/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/petarradkov.wordpress.com/215/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/petarradkov.wordpress.com/215/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/petarradkov.wordpress.com/215/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/petarradkov.wordpress.com/215/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/petarradkov.wordpress.com/215/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/petarradkov.wordpress.com/215/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=215&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
			<wfw:commentRss>http://petarradkov.wordpress.com/2009/01/11/10yt-us-treasury/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/b1ab189c13f695e552665740d0efd0cd?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">5yr</media:title>
		</media:content>

		<media:content url="http://petarradkov.files.wordpress.com/2009/01/untitled-1-copy3.jpg?w=300" medium="image">
			<media:title type="html">10 years US Treasury</media:title>
		</media:content>
	</item>
		<item>
		<title>Volatility Volatility Vo&#8230;</title>
		<link>http://petarradkov.wordpress.com/2009/01/11/volatility-volatility-vo/</link>
		<comments>http://petarradkov.wordpress.com/2009/01/11/volatility-volatility-vo/#comments</comments>
		<pubDate>Sat, 10 Jan 2009 23:42:48 +0000</pubDate>
		<dc:creator>Petar Radkov</dc:creator>
				<category><![CDATA[Comments]]></category>
		<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://petarradkov.wordpress.com/?p=211</guid>
		<description><![CDATA[High volatility for next 3-9 months &#8230; this&#8217;s samething new &#8230; can it be true?<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=211&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>High volatility for next 3-9 months &#8230; this&#8217;s samething new &#8230;</p>
<p>can it be true?</p>
<br />  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/petarradkov.wordpress.com/211/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/petarradkov.wordpress.com/211/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/petarradkov.wordpress.com/211/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/petarradkov.wordpress.com/211/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/petarradkov.wordpress.com/211/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/petarradkov.wordpress.com/211/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/petarradkov.wordpress.com/211/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/petarradkov.wordpress.com/211/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/petarradkov.wordpress.com/211/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/petarradkov.wordpress.com/211/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/petarradkov.wordpress.com/211/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/petarradkov.wordpress.com/211/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/petarradkov.wordpress.com/211/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/petarradkov.wordpress.com/211/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=211&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
			<wfw:commentRss>http://petarradkov.wordpress.com/2009/01/11/volatility-volatility-vo/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/b1ab189c13f695e552665740d0efd0cd?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">5yr</media:title>
		</media:content>
	</item>
		<item>
		<title>The Obama&#8217;s Plan</title>
		<link>http://petarradkov.wordpress.com/2009/01/11/the-obamas-plan/</link>
		<comments>http://petarradkov.wordpress.com/2009/01/11/the-obamas-plan/#comments</comments>
		<pubDate>Sat, 10 Jan 2009 23:28:04 +0000</pubDate>
		<dc:creator>Petar Radkov</dc:creator>
				<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://petarradkov.wordpress.com/?p=199</guid>
		<description><![CDATA[Here is an outline of the Obama&#8217;s Plan by Calculated Risk                To see Obama Plan in youtube click here<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=199&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Here is an outline of the Obama&#8217;s Plan by Calculated Risk </p>
<p><img class="alignleft size-full wp-image-206" title="jobimpact" src="http://petarradkov.files.wordpress.com/2009/01/jobimpact_copy2.jpg?w=320&#038;h=211" alt="jobimpact" width="320" height="211" /></p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
<p>To see Obama Plan in youtube click <a href="http://www.youtube.com/watch?v=nohPlJXPw6A" target="_blank">here</a></p>
<br />  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/petarradkov.wordpress.com/199/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/petarradkov.wordpress.com/199/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/petarradkov.wordpress.com/199/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/petarradkov.wordpress.com/199/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/petarradkov.wordpress.com/199/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/petarradkov.wordpress.com/199/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/petarradkov.wordpress.com/199/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/petarradkov.wordpress.com/199/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/petarradkov.wordpress.com/199/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/petarradkov.wordpress.com/199/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/petarradkov.wordpress.com/199/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/petarradkov.wordpress.com/199/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/petarradkov.wordpress.com/199/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/petarradkov.wordpress.com/199/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=199&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
			<wfw:commentRss>http://petarradkov.wordpress.com/2009/01/11/the-obamas-plan/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/b1ab189c13f695e552665740d0efd0cd?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">5yr</media:title>
		</media:content>

		<media:content url="http://petarradkov.files.wordpress.com/2009/01/jobimpact_copy2.jpg" medium="image">
			<media:title type="html">jobimpact</media:title>
		</media:content>
	</item>
		<item>
		<title>Morgan Stanley Forecast</title>
		<link>http://petarradkov.wordpress.com/2009/01/03/morgan-stanley/</link>
		<comments>http://petarradkov.wordpress.com/2009/01/03/morgan-stanley/#comments</comments>
		<pubDate>Sat, 03 Jan 2009 09:49:52 +0000</pubDate>
		<dc:creator>Petar Radkov</dc:creator>
				<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://petarradkov.wordpress.com/?p=103</guid>
		<description><![CDATA[Global Forecast     Real GDP (%) CPI Inflation (%)   2008E 2009E 2010E 2008E 2009E 2010E Global Economy 3.6% 0.9% 3.3% 6.1% 2.6% 3.7% Industrial World 0.9 -1.4 1.4 3.3 0.5 2.4 Developing World 6.3 3.1 5.1 9.0 4.8 4.9<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=103&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p class="MsoBodyText" style="margin:0;"><strong></strong></p>
<p class="MsoBodyText" style="margin:0;"><strong></strong></p>
<p class="MsoBodyText" style="margin:0;"><strong></strong></p>
<p class="MsoBodyText" style="margin:0;"><strong>Global Forecast </strong></p>
<p class="MsoBodyText" style="margin:0;"> </p>
<table class="MsoTableWeb2" style="border:1pt inset;" border="1" cellspacing="3" cellpadding="0">
<tbody>
<tr style="height:.1in;">
<td style="height:.1in;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="text-align:center;margin:3pt 0 0 .05in;" align="center"><span style="font-size:7pt;"><span style="font-family:Arial;"> </span></span></p>
</td>
<td style="height:.1in;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" colspan="3" valign="top">
<p class="CoverTableData" style="text-align:center;margin:3pt 0 0 .05in;" align="center"><span style="font-size:7pt;"><span style="font-family:Arial;">Real GDP (%)</span></span></p>
</td>
<td style="height:.1in;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" colspan="3" valign="top">
<p class="CoverTableData" style="text-align:center;margin:3pt 0 0 .05in;" align="center"><span style="font-size:7pt;"><span style="font-family:Arial;">CPI Inflation (%)</span></span></p>
</td>
</tr>
<tr style="height:10.55pt;">
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;"> </span></span></p>
</td>
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">2008E</span></span></p>
</td>
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">2009E</span></span></p>
</td>
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">2010E</span></span></p>
</td>
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">2008E</span></span></p>
</td>
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">2009E</span></span></p>
</td>
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">2010E</span></span></p>
</td>
</tr>
<tr style="height:11.25pt;">
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">Global Economy</span></span></p>
</td>
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">3.6%</span></span></p>
</td>
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">0.9%</span></span></p>
</td>
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">3.3%</span></span></p>
</td>
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">6.1%</span></span></p>
</td>
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">2.6%</span></span></p>
</td>
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">3.7%</span></span></p>
</td>
</tr>
<tr style="height:10.55pt;">
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">Industrial World</span></span></p>
</td>
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">0.9</span></span></p>
</td>
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">-1.4</span></span></p>
</td>
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">1.4</span></span></p>
</td>
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">3.3</span></span></p>
</td>
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">0.5</span></span></p>
</td>
<td style="height:10.55pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">2.4</span></span></p>
</td>
</tr>
<tr style="height:11.25pt;">
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">Developing World</span></span></p>
</td>
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">6.3</span></span></p>
</td>
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">3.1</span></span></p>
</td>
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">5.1</span></span></p>
</td>
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">9.0</span></span></p>
</td>
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">4.8</span></span></p>
</td>
<td style="height:11.25pt;background-color:transparent;border:#ece9d8 1pt outset;padding:0 5.4pt;" valign="top">
<p class="CoverTableData" style="margin:3pt 0 0 .05in;"><span style="font-size:7pt;"><span style="font-family:Arial;">4.9</span></span></p>
</td>
</tr>
</tbody>
</table>
<br />  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/petarradkov.wordpress.com/103/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/petarradkov.wordpress.com/103/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/petarradkov.wordpress.com/103/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/petarradkov.wordpress.com/103/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/petarradkov.wordpress.com/103/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/petarradkov.wordpress.com/103/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/petarradkov.wordpress.com/103/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/petarradkov.wordpress.com/103/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/petarradkov.wordpress.com/103/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/petarradkov.wordpress.com/103/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/petarradkov.wordpress.com/103/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/petarradkov.wordpress.com/103/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/petarradkov.wordpress.com/103/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/petarradkov.wordpress.com/103/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=103&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
			<wfw:commentRss>http://petarradkov.wordpress.com/2009/01/03/morgan-stanley/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/b1ab189c13f695e552665740d0efd0cd?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">5yr</media:title>
		</media:content>
	</item>
		<item>
		<title>Globalization vs. Localization</title>
		<link>http://petarradkov.wordpress.com/2009/01/03/under-2/</link>
		<comments>http://petarradkov.wordpress.com/2009/01/03/under-2/#comments</comments>
		<pubDate>Sat, 03 Jan 2009 08:48:17 +0000</pubDate>
		<dc:creator>Petar Radkov</dc:creator>
				<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://petarradkov.wordpress.com/?p=69</guid>
		<description><![CDATA[Article from Morgan Stanley By Stephen S. Roach &#124; New York To see it slick here<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=69&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span class="ArticleHeader">Article from Morgan Stanley <span style="color:#000000;">By </span>Stephen S. Roach <span style="color:#000000;">| <span class="location">New York</span></span></span></p>
<p><span class="ArticleHeader"><span style="color:#000000;"><span class="location">To see it slick <a href="http://www.morganstanley.com/views/gef/archive/2006/20061214-Thu.html">here</a></span></span></span></p>
<br />  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/petarradkov.wordpress.com/69/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/petarradkov.wordpress.com/69/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/petarradkov.wordpress.com/69/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/petarradkov.wordpress.com/69/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/petarradkov.wordpress.com/69/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/petarradkov.wordpress.com/69/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/petarradkov.wordpress.com/69/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/petarradkov.wordpress.com/69/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/petarradkov.wordpress.com/69/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/petarradkov.wordpress.com/69/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/petarradkov.wordpress.com/69/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/petarradkov.wordpress.com/69/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/petarradkov.wordpress.com/69/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/petarradkov.wordpress.com/69/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=petarradkov.wordpress.com&amp;blog=5978347&amp;post=69&amp;subd=petarradkov&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
			<wfw:commentRss>http://petarradkov.wordpress.com/2009/01/03/under-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://1.gravatar.com/avatar/b1ab189c13f695e552665740d0efd0cd?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">5yr</media:title>
		</media:content>
	</item>
	</channel>
</rss>
