Central Perk

duminică, 15 ianuarie 2012

Mish's Global Economic Trend Analysis

Merkel Denies Need for EFSF to be AAA Rated; German CEOs Ponder Dumping the Euro for a "North-Euro" or Deutschmark; Schaeuble Rejects ECB as Lender of Last Resort
Japan's Prime Minister Seeks Doubling National Sales Tax; S&P Downgrade of Japan Likely; No Winning Play for Japan
"Let the Euro Die" Candidate Trails Sarkozy by Slight 2 Percentage Points; Will Sarkozy Survive the First Round Vote? Eurozone About to Become Unglued

Merkel Denies Need for EFSF to be AAA Rated; German CEOs Ponder Dumping the Euro for a "North-Euro" or Deutschmark; Schaeuble Rejects ECB as Lender of Last Resort

Posted: 15 Jan 2012 04:17 PM PST

With every passing day, there is increased chipping away of support for the Euro. Please consider Linde CEO says Germany should mull euro exit

Germany should consider leaving the euro if efforts to impose fiscal discipline upon indebted euro zone countries fail, the head of industrial gases firm Linde told German weekly paper Der Spiegel.

"If we do not succeed in disciplining crisis countries, Germany needs to exit," said Reitzle who was previously a board member at carmaker BMW and head of Jaguar and Land Rover.

Asking Germans to pay more than 50 percent taxes to help fund other euro zone countries will erode the will of the German electorate to support rescue measures, Reitzle said.

Of course it would lead the new currency - Deutschmark, North-euro or whatever it is called - to appreciate in value. But it would be by a lesser amount than feared," Reitzle said.

"In the medium term Greece needs to exit. And the writedowns on Greek debt will not be between 50 to 70 percent, but in the end will be written down by 100 percent," Reitzle said.

Merkel Denies Need for EFSF to be AAA Rated

Following the rating agency downgrades of numerous European countries especially France and Austria (please see S&P Says Eurozone Policies Fall Short , France at Risk of Further Downgrades for details), close to 75 percent of the burden to ensure the euro bailout fund EFSF retained its AAA rating is on the back of Germany. Prior to the downgrade, German backing was 40%.

True to political form, Merkel downplayed the significance of the downgrade with a statement "I was never of the opinion that the EFSF necessarily has to be AAA".

Well it certainly doesn't "have to be" but what interest rates does one want, and how much German backstop does one want? Those are the critical questions.

Pressure Mounts on Merkel

As a result of the downgrades, pressure on Merkel mounts in numerous ways.

Der Spiegel discusses the situation in France Downgrade Creates Pressure for Merkel

Following the decision by rating agency Standard & Poor's to downgrade the ratings for nine euro-zone countries, pressure is likely to increase on Germany, the country long viewed as a model during the crisis, but also the one that holds much of the money that is needed to solve it.

In its decision on Friday, S&P stated that Germany's rating is in excellent condition, but experts in the country fear that Berlin's contributions to the euro bailout will have to be considerably greater than initially planned. And Chancellor Angela Merkel of the conservative Christian Democratic Union (CDU) said the downgrade of the nine countries will increase pressure for all the euro-zone countries to solve their budget and debt problems.

Frank Schäffler, the finance policy spokesman for the Free Democratic Party (FDP), Merkel's junior coalition partner, said he felt his criticism of Germany's participation in the European Financial Stability Facility (EFSF), the current euro bailout fund, had been indirectly confirmed by S&P. He said the downgrading was likely to have direct consequences for Berlin. The downgraded rating for Austria alone, he told the financial daily Handelsblatt, would mean that "Germany would no longer just have to carry 40 percent, but close to 75 percent (of the burden) to ensure the euro bailout fund EFSF retained its AAA rating."

He said the current German guarantee of €211 billion would no longer be sufficient in order to achieve the volume of aid that had been originally planned. "Over time, that will also impose a burden on the German rating," the FDP politician warned, saying that the "socialization of losses" through the bailout fund could not go on forever.

But during her press conference on Saturday, Merkel sought to downplay worries about the ratings loss. "I was never of the opinion that the EFSF necessarily has to be AAA," Merkel said. "AA+ is also not a bad rating." She added that the "work of the EFSF will not be torpedoed" by the downgrade.

In France, the euro-zone's second-largest economy, the opposition has taken the downgrade as an opportunity -- coming as it does three months before the French go to the polls to elect their next president -- to sharply attack President Nicolas Sarkozy. Francois Hollande, the Socialist Party's (PS) candidate for president, accused the government of failure. "Nicolas Sarkozy declared the triple-A rating to be the goal of his politics and also a condition for his government," the politician said during a press conference in Paris.

S&P now considers the outlook to be negative for 14 countries, even if some managed to escape a downgrade this time. Besides Germany, Slovakia is the only other country in the euro zone with a stable outlook, according to S&P.

Schaeuble Rejects ECB as Lender of Last Resort

Bloomberg reports Schaeuble Rejects ECB as Lender of Last Resort.

German Finance Minister Wolfgang Schaeuble renewed his rejection of joint euro region bond sales and said giving the European Central Bank the role of lender of last resort wouldn't calm markets permanently.

"If the central bank finances government debt, it's a modern form of the old bad habit that if the government doesn't have enough money, it prints money," Schaeuble said today in Berlin. "If we start doing this, markets will calm down for some time. But then they realize that the European currency is not a stable currency" in the long run.

Selling government bonds jointly in the euro region isn't a solution to the euro region's debt crisis because it would mean that governments "can pile up debt without being liable for it," Schaeuble also said in Berlin after attending the screening of a documentary on the region's woes.

"We wouldn't solve the problem," Schaeuble said, referring to joint bond sales and relying on the central bank to finance state debt. "The countries must reduce their debts. We can talk about the speed at which this has to be achieved."

Joke of the Day

While I certainly agree with Schaeuble regarding Eurobonds. I also agree that "giving the European Central Bank the role of lender of last resort wouldn't calm markets permanently".

However, Schaeuble comments are tantamount to the "joke of the day. The ECB is without a doubt already the lender of last resort if not the lender of "only" resort.

Were it not for the 3-year LTRO with the ECB accepting dodgy collateral for cash, interest rates in Spain and Italy would be soaring. Instead, Germany is on the hook.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List

Japan's Prime Minister Seeks Doubling National Sales Tax; S&P Downgrade of Japan Likely; No Winning Play for Japan

Posted: 15 Jan 2012 10:18 AM PST

In an effort to halt expansion of Japan's massive public debt, Japan's Prime Minister Seeks Doubling National Sales Tax.

Prime Minister Yoshihiko Noda said containing Japan's public debt load, the world's largest, is critical after Standard & Poor's downgraded credit ratings on France, Austria and seven other European nations.

Europe's fiscal situation "isn't a house burning on the other side of the river," Noda said on TV Tokyo Holdings Corp.'s program on Jan. 14. "We must have a great sense of crisis."

Noda reshuffled his cabinet last week, aiming to win support for doubling Japan's 5 percent national sales tax by 2015 to trim the soaring debt. S&P said in November Noda's administration hadn't made progress in tackling the public debt burden, an indication the credit-rating company may be preparing to lower the nation's sovereign grade.

Japan's government, which has enjoyed borrowing costs that are around 1 percent, wouldn't be able to manage its finances if bond yields surged to 3 percent, Noda said last week. The country risks seeing a spike in government bond yields unless it controls a debt load set to approach 230 percent of gross domestic product in 2013, the Organization for Economic Cooperation and Development said on Nov. 28.

'Worse and Worse'

Japan's finances are "getting worse and worse every day, every second," Takahira Ogawa, Singapore-based director of sovereign ratings at S&P, said in an interview on Nov. 24. Asked if this means he's closer to lowering Japan's credit rating, he said it "may be right in saying that we're closer to a downgrade."

S&P rates Japan AA- and has had a negative outlook on the rating since April. Ogawa said Japan needs a "comprehensive approach" to containing its debt burden, which the government has projected will exceed 1 quadrillion yen ($13 trillion) in the year through March as the nation pays for reconstruction costs from March's record earthquake.

The International Monetary Fund has said a gradual increase of Japan's sales tax to 15 percent "could provide roughly half of the fiscal adjustment needed to put the public-debt ratio on a downward path."

No Winning Play for Japan

If Japan hikes taxes and reduces spending, the Yen will strengthen, and Japanese exports sink.

Demographics and balance of trade issues suggest there will still be insufficient buyers of Japanese bonds that need to be rolled over. Raising taxes in a global recession is not a wise thing to do as it will inhibit growth.

On the other hand, if Japan turns to printing, which I believe it eventually will, Japan would likely go into an inflation spiral.

Massive Debt Rollover Problem

Country	2012 Bond, Bill Redemptions ($)	Coupon Payments
Japan	3000 billion	117 billion
U.S.	2783 billion	212 billion
Italy	428 billion	72 billion
France	367 billion	54 billion
Germany	285 billion	45 billion
Canada	221 billion	14 billion
Brazil	169 billion	31 billion
U.K.	165 billion	67 billion
China	121 billion	41 billion
India	57 billion	39 billion
Russia	13 billion	9 billion

For a discussion of the global debt rollover problem, please see World's Biggest Economies Face $7.6T Debt Led by Japan $3 trillion, U.S. $2.8 trillion; Rollover Problems in Japan and Europe

There are no winning plays for Japan, given a debt load set to hit 230 percent of gross domestic product. The US would be advised to pay attention.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List

"Let the Euro Die" Candidate Trails Sarkozy by Slight 2 Percentage Points; Will Sarkozy Survive the First Round Vote? Eurozone About to Become Unglued

Posted: 14 Jan 2012 11:41 PM PST

As a refresher course in French politics, presidential elections are a two-stage process. In the first round, voters select from candidates of all the political parties. The second round pits the top two vote getters against each other.

Never before in history has a sitting French president polled so low 100 days before the first round of votes.

Link if video does not play: 100 days to presidential poll

The video is as of January 13. The first round of elections is April 22, 2012. Here is the pertinent snip.

"Sarkozy's ratings compared to previous presidents make grim readings. Sarkozy is not shown leading the first round of voting. We've never seen a president is such a weak position in terms of public opinion. If polls are to believed come May 6, the country will have a new head of state"

"Let the Euro Die" Candidate Trails Sarkozy by Slight 2 Percentage Points

Bloomberg reports Sarkozy Just Ahead of Le Pen in French Presidency Election Poll.

French President Nicolas Sarkozy is just two percentage points ahead of anti-immigration candidate Marine Le Pen less than four months before the presidential election, an Ifop poll for Paris Match showed.

In the first round, to be held April 22, Socialist candidate Francois Hollande would finish first with 27 percent, followed by Sarkozy with 23.5 percent and National Front candidate Le Pen on 21.5 percent, the poll published today showed today.

The top two vote getters then go to a decisive run-off on May 6, in which Hollande would beat Sarkozy 57 percent to 43 percent, according to the poll. Ifop polled 943 voters Jan. 9- 12. No margin of error was given.

Will Sarkozy Survive the First Round Vote?

Bloomberg reporter Gregory Viscusi depicts Le Pen as "anti-immigration". Yes, that is true. However, Viscusi failed to mention Le Pen's main claim to fame.

Le Pen is running on a platform to "Let the Euro Die" as I commented on September 8, 2011.

See link for Le Pen's comments. This is what I said at the time.

German Chancellor Merkel, Spanish Prime Minister Zapatero, Italian Prime Minister Berlusconi, and Greek President George Papandreou will all be gone after the next set of elections.

French President Nicholas Sarkozy may bite the dust as well, and if he does it may be to a vehemently anti-Euro candidate.

All it takes is one government to say "to hell with this" and the whole mess unravels.

The current set of politicians all want to "save the Euro". But what did the Euro buy Greece, Ireland, Spain, or Portugal except misery?

Even German and Finnish voters wonder what it bought them.

Zapatero, Berlusconi, and Papandreou are now gone. You can kiss Merkel and Sarkozy goodbye as well.

Le Pen would not likely win a runoff with Hollande. Socialists dominate French politics. However, Sarkozy will not survive and Hollande has vowed to rework the Merkel-Sarkozy agreement.

Think that is going to fly? In what timeframe?

Eurozone About to Become Unglued

All of the agreements hammed out by two arrogant but tough-as-nails and widely respected leaders of Germany and France will fail. Whoever replaces Merkel and Sarkozy will not have the same respect and both will soon be gone.

Politics suggests that the Eurozone is about to become unglued.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List

Seth's Blog : The play by play and the color commentary

The play by play and the color commentary

One of the tropes of broadcast sports is the partnership of the guy describing what's happening on the field (an artifact from radio) and the guy doing color commentary, riffing on the why of what happened and predicting what might happen next (heavy on the cliches).

Most of us have both of those voices in our head.

If your play by play announcer is doing a poor job of accurately describing the world as it is, it's worth taking a hard look at how often that's happening and whether it's pushing you to make poor decisions.

The color commentary is a bigger issue: Is the constant whining/bragging/doom and gloom or blaming the voice does helping you do better work? It's suprising to me that you can watch a successful person at work and not realize that her inner voice is congratulating her all day (or cutting her down). That voice likes to take credit for being accurate and important, but it rarely is.

If the voice isn't affecting your work, then it's a waste of time, a distraction, and worthy of extinguishing. On the other hand, if it's helping you do better, bring it on.

• Email to a friend •

sâmbătă, 14 ianuarie 2012

Mish's Global Economic Trend Analysis

Romney's Lead in South Carolina Shrinks to 4+ Percentage Points; Ron Paul in Surge
Obama Wants to "Streamline" Government, Adding a New Cabinet-Level Position in the Process; I have a Better Idea
Merkel Wants Higher Taxes, Deeper Cuts, Faster Reforms; S&P Says Eurozone Policies Fall Short , France at Risk of Further Downgrades

Romney's Lead in South Carolina Shrinks to 4+ Percentage Points; Ron Paul in Surge

Posted: 14 Jan 2012 05:50 PM PST

Check out the trends in the latest South Carolina Republican Primary Polls as noted on Real Clear Politics.

click on chart for sharper image

Gingrich has collapsed, and although Mitt Romney and Santorum were the initial beneficiaries, only Ron Paul is on a sustained surge.

If Perry and Huntsman dropped out and endorsed Paul (I think Huntsman will do that eventually, but probably not until after South Carolina primary) Ron Paul could conceivably carry the state.

Regardless, trends for Ron Paul are extremely favorable.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List

Obama Wants to "Streamline" Government, Adding a New Cabinet-Level Position in the Process; I have a Better Idea

Posted: 14 Jan 2012 02:38 PM PST

Hoping to seize the deficit reduction initiative from Republicans (it does not take much because Republicans have no proposals on the plate) President Obama is out to prove he is a genuine deficit fighter. With much fanfare Obama launched his idea to streamline government. The proposal requires Congressional approval.

Laughably, out of an enormous annual budget of $3.7 trillion, the president's proposal, assuming it worked (and that is not a safe assumption), would save a mere $300 million a year. To top it off the president wants to create a new cabinet-level position out of the process.

Is this the best anyone can do?

Republicans are against the idea. If it was a Republican president asking to do the same thing, it's safe to point out that Democrats would be against the idea.

The New York Times reports Obama Bid to Cut the Government Tests Congress

Mr. Obama called on lawmakers to grant him broad new powers to propose mergers of agencies, which Congress would then have to approve or reject in an up-or-down vote. If granted the authority, he said, he would begin pruning by folding the Small Business Administration and five other trade and business agencies into a single agency that would replace the Commerce Department.

The White House estimated that the consolidation would save $3 billion over 10 years and result in reductions of 1,000 to 2,000 jobs. The savings is a mere rounding error in the $3.7 trillion annual budget, but the numbers may be less important than the message that Mr. Obama wants to cut wasteful spending.

It is not clear whether Congress, where much of Mr. Obama's legislative agenda has languished, will go along with this initiative. Republicans were immediately skeptical, suggesting that the White House was more interested in honing its re-election message than in reducing the size of government.

Even Democratic leaders expressed misgivings about folding the Office of the United States Trade Representative, a stand-alone agency with just 227 employees, into a large bureaucracy, saying it could harm American trade policy.

"Making it just another corner of a new bureaucratic behemoth would hurt American exports and hinder American job creation," said Senator Max Baucus, the Montana Democrat who is chairman of the Senate Finance Committee, in a statement with Representative Dave Camp, the Republican chairman of the House Ways and Means Committee.

The White House has been working on this plan since the president announced his streamlining goals last January. He recycled a colorful example of duplication from his State of the Union address: the Interior Department has jurisdiction over salmon in freshwater, while Commerce handles them in saltwater.

Under the terms of the reorganization, five agencies — the Small Business Administration, the United States Trade Representative, the Export-Import Bank, the Overseas Private Investment Corporation and the Trade and Development Agency, plus the business and trade functions of the Commerce Department — would be consolidated into a single agency focused on helping the private sector.

Mr. Obama said he would elevate the director of the Small Business Administration, now Karen Mills, to his cabinet. The United States trade representative would retain cabinet rank, the White House said.

Streamlining Perspective

The president's proposal does not eliminate anything. Instead it merges small bureaucracies into even bigger bureaucracies much like banks evolved into what should be known as "too big to succeed". Moreover, Obama's proposal creates a new cabinet-level position in the process.

I am confident the president's plan will cost money in spite of what the president says. My rationale is simple: you don't add cabinet-level positions without adding costs. And those costs are sure to escalate over time no matter how well-intentioned initially.

I have a better idea, and it comes straight from the lead-in image to the New York Time's article.

Please take a look at that chart.

I count 17 green dots, 7 red dots, and 32 blue dots in a bureaucratic tangle of interconnected responsibilities. President Obama wants to untangle some of those lines making them more efficient.

Pay specific attention to the caption.

A Business Looking for Government Resources Starts Here

I have a simple question: Why should any business be seeking government (taxpayer) resources?

Instead of merging bloated bureaucracies into even bigger bloated bureaucracies, I propose elimination of 17 green bureaucracies, 7 red bureaucracies, and 32 blue bureaucracies.

Whereas Obama's plan will do next-to-nothing, my plan would save billions of dollars a year. Don't look for Democrats or Republicans (other than Ron Paul) to support it, because both parties pay lip service to actually reducing government.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List

Merkel Wants Higher Taxes, Deeper Cuts, Faster Reforms; S&P Says Eurozone Policies Fall Short , France at Risk of Further Downgrades

Posted: 14 Jan 2012 11:10 AM PST

In the wake of S&P debt downgrades, Merkel vows faster eurozone reforms.

European leaders promised on Saturday to speed up plans to strengthen spending rules and get a permanent bailout fund up and running as soon as possible, a day after U.S. agency S&P cut the ratings of several euro zone countries' creditworthiness.

It also warned that France, which suffered a downgrade to AA+ from the top-notch AAA, was at risk of further cuts if a recession further inflates its debt and budget deficit.

Leaders including Merkel have urged countries to tighten their belts with higher taxes and deep spending cuts to rein in massive budget deficits. But that has heightened market concern about their ability to grow their way back to health, pushing borrowing costs even higher for heavily indebted governments.

S&P said it was not working on the assumption of a euro zone break up, although it blamed its leaders for focusing too much on cutting debts and not sufficiently on competititveness.

"We think that the diagnosis of policymakers regarding the crisis is only partially recognising the origin of the crisis," said Kraemer, mentioning the focus on budget austerity.

"The proper diagnosis would have to give more weight to the rising imbalances in the euro zone in terms of the external funding positions, current account positions, much of it is based in diverging trends of competitiveness," he said.

The ratings decision hit some countries harder than others, with France, Austria, Malta, Slovakia and Slovenia suffering single-notch downgrades, but Italy, Portugal, Spain and Cyprus falling two notches. Portugal's debt is now rated junk.

ECB policymaker Ewald Nowotny, an Austrian, said Italy in particular would now face problems given large refinancing needs this year in that country and its banks.

Asked in an interview broadcast by Austrian radio if Italy - now rated at the same BBB+ level as Kazakhstan - was "problem child number one," Nowotny agreed.

"In a certain sense, yes, because we know this year Italy has a very significant refinancing need. Italian banks also need refinancing," he said.

European leaders are set to meet at a summit on January 30 to discuss how to boost growth and jobs, and Merkel's words on Saturday suggest she will also be looking for faster progress on tighter common fiscal rules.

But now, policymakers at the meeting may have bigger fish to fry. The downgrades threaten the top rating of Europe's current bailout fund -- the European Financial Stability Facility -- as contributors France and Austria are no longer rated AAA.

A downgrade of the EFSF could increase its borrowing costs, reducing its ability to protect the currency bloc's weaker members. S&P said it would deliver its view on the impact to the EFSF from the sovereign downgrades "shortly."

S&P Says Eurozone Policies Fall Short , France at Risk of Further Downgrades

MarketWatch reports Euro-zone policies have fallen short

Standard & Poor's credit analysts said Saturday that Euro-zone policy makers have failed to address the "broadening and deepening" financial crisis the region now faces, leading the agency to issue long-term downgrades on nine countries, including Cyprus, Italy, Portugal, Spain, Austria, France, Malta, Slovakia and Slovenia.

Perhaps most notably among the cuts late Friday, S&P downgraded France and Austria to AA+ from AAA, leaving only Germany, Netherlands, Finland and Luxembourg left as AAA-rated countries in the currency group. Portugal and Cyprus were downgraded to junk-bond status.

During a conference call Saturday morning, S&P credit analyst Moritz Kraemer said policymakers have yet to come up with solutions to the "systemic stresses" that plague Euro-zone nations during its debt crisis.

Among these problems, he said, are tightening credit conditions; weakening prospects for economic growth in the region; and continued disagreement among government officials over how the situation should be addressed.

Instead of concentrating on work rules and reforms, leaders in France, Germany, and Spain have called for higher taxes. Greece has had higher taxes imposed.

Even without tax hikes, the European recession would be deep and lengthy. Higher taxes will make the situation much worse.

Expect budget deficits to widen as unemployment soars and revenues collapse.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List

Weekly Address: Helping American Businesses Succeed

Your Daily Snapshot for
Saturday, January 14, 2012

Weekly Address: Helping American Businesses Succeed

President Obama discusses steps he's taking to ensure that more goods and products stamped "Made in America" are sold in the United States and around the world.

Watch the video:

Weekly Wrap-Up

BusinessUSA: Friday morning, the President announced a new plan that will make it easier to do business in America. Currently a complex web of different federal departments provide access to resources and services for business. President Obama wants to cut through the bureaucratic mess and consolidate unnecessary departments. That's why he's asking Congress for the authority to merge six entities into a single department tasked with boosting American business and promoting competitiveness.

Creating Jobs: The President hosted an event with top business leaders to discuss what the administration can do to help bring jobs back to the United States. The “Insourcing American Jobs” forum is a part of the President Obama's larger plan to jumpstart the American economy and restore the economic security of the middle class.

Chief of Staff: The President announced that Chief of Staff Bill Daley will resign and return to Chicago. Replacing Daley will be Jack Lew – the current director of the Office of Management and Budget. The President praised Daley’s service, saying that no one had been forced to make more important decisions more quickly.

NBA Champs: On Monday, the President the Dallas Mavericks on their 2011 NBA championship. Headed into the NBA Finals, a lot of folks tried to write the Mavericks off, but Dallas won the series in six games, the President said, because they knew how to play smart: “[These] players got it done because they know how good teams win -- not just by jumping higher or running faster, but by finding the open man, working together, staying mentally tough, being supportive of each other, playing smarter.” While at the White House, the players also met with some wounded warriors – something they also take the time to do back in Dallas.

West Wing Week: This week, the President visited the Consumer Financial Protection Bureau, welcomed this year's NBA Champs—the Dallas Mavericks—addressed the EPA, announced a new Chief of Staff, and introduced the White House's Insourcing Initiative. Check out the video.

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SEOptimise

A Collection of 47 Helpful Google Search Operator Queries

Posted: 13 Jan 2012 06:19 AM PST

To be honest, from my school days of using Google right up to today, the search engine giant has not once stopped impressing me. From its algorithmic updates for a better user experience to its cloud based computing services, Google has captured my life and sadly, probably my soul.

Today I will be sharing with you a collection of my favourite Google search operator queries, not only to help open your mind to the powers of Google being much more than a search engine, but also to show you that knowing some of these queries will help you become better in the art of SEO.

6 Starter Operator Search Operator Queries

These queries are particularly helpful because they’re generally quick and easy short cuts in narrowing your search results:

Query	What does it mean?
"best practice seo"	Searches for this exact phrase within “”
mobile -phone	Inclusion of – means searches for the word mobile but nothing following after phone
seo ~glossary	Brings up a glossary of information regarding that word
define:seo	Definition of that word or phrase
OR / \|	Returns search queries with one of the given terms
related:	Helps list web pages related to the URL

5 Basic Mathematics Search Operator Queries

Google search provides users with the ability to calculate simple maths without the need for your calculator:

Query	What does it mean?
+ / – / * //	Simple mathematics rules
% of	Percentage of a number
^ / **	Raise to the power of a number
square root of number	Find the square root of a number
reciprocal of (number)	Find the reciprocal value of a number

4 Advanced Mathematics Search Operator Queries

Surprisingly, Google does not stop at the most simple of mathematics and is there for the more complicated algorithmic-based equations:

Query	What does it mean?
sin, cos, tan	You’re able to use the trigonometric functions within a search
ln(number)	Utilises the natural logarithm of the number
log(number)	Utilises the base 10 logarithm
number!	Returns a factorial number

7 Converting Tool Search Operator Queries

Google offers users the ability in search to convert various units:

Query	An example, search in Google:
Currency converter	36 yuan to dollars
Data converter	Convert 81 Mb to Gb
Distance converter	68m to cm
Speed converter	38mph in kph
Temperature converter	18 Celsius in Fahrenheit
Time converter	89 days in minutes
Weight converter	8 stones in kg

7 Everyday Helpful Search Operator Queries

I find these operator queries particularly useful everyday, and maybe you will too:

Query	What does it mean?	An example, search in Google:
file:	Results show various file type extensions	file:linkbuilding.pdf
movie:	Results show movies in your local area	movie:oxford
weather:	Current weather forecast of that area	weather:oxford
time:	Local time in that country	time:china
sunrise:	Sunrise in that area	sunrise:oxford
map:	Map of that area	map:oxford
safesearch:	Search without any adult content	safesearch: sex education

2 Google News Search Operator Queries

These search operator queries are restricted to only Google News – very useful when you want to find news from a particular country or source-specific articles:

Query	What does it mean?	An example, search in Google news:
location:	Discover news posts from a location	Location:china
source:	Discover news posts from a source	Source:search engine land

4 Blog Search Operator Queries

When searching for particular blog-related links, these operator queries can help you search by author, post type and blog title:

Query	What does it mean?	An example, search in Google:
inpostauthor:	Search for this specific author	inpostauthor:”kevin gibbons”
inblogtitle:	Search for this specific blog title	inblogtitle:seoptimise
inpostitle:	Search for posts with these titles	inpostitle: on page optimisation
blogurl:	Search for blogs under a specific URL	blogurl:seoptimise.com

12 SEO Operator Queries

As an SEO practitioner, one of my most powerful search tools has to be Google itself. Just knowing these search operator queries exist is only quarter of the battle. But understanding how they work and best practices is where you can excel:

Query	What does it mean?
site:URL	Search only one site or domain
site:URL (image search)	Shows results for images on that website
allintitle:	All search results must appear in the title of the page
intitle:	The following keywords must appear in the title of the page
allintext:	The following must appear within the text page
intext:	The search term has to appear in the title of the page
allinurl:	The search term appears in the URL
allinanchor:	The following search terms must all appear in anchor text links with the page
inanchor:	All the following search terms all must appear in anchor text links with the page
cache:	Displays Google's cached version of a webpage
info:	Provides information on that specific page
link:	Finds the pages that link to that URL

Top Tip to Remember: In Google search you are not restricted to just one query per search. For example, you could have multiple queries in one search – e.g. site:seoptimise.com “web trends” -ppc

Thanks for reading this and please do share some of your favourite search operator queries!

*Image credit: niknack on Flickr.

30 SEO Resolutions for 2012

Posted: 13 Jan 2012 06:05 AM PST

Like most people, SEO practitioners reflect on the past year and attempt to improve their skills in the new year.

If you haven't made up your mind what exactly you want to change in the coming year, check out these suggestions for 30 SEO resolutions for 2012 that draw on modern industry best practices and growing trends.

Content Creation

I will create less shallow content and more quality “one of a kind” pieces of content.
I will create more content using multiple rich media such as images, audio, videos and the like.
I will write shorter, more readable postings instead of long, hard to read ones that nobody can follow.
I will create more content on site and waste less time on third party sites that require me to give away "User Generated Content".
I will provide less average sales copy and create more outstanding content for inbound marketing purposes.

Link Building

I will perform fewer tedious tasks such as contacting unwitting webmaster about link exchanges and provide more appealing incentives for people to link to me voluntarily.
I will go after more citations and fewer links to get traction on local search and Google Places instead of just the organic index that gets less exposure.
I will make sure my old inbound links are still there and also fix 404 errors on my own site.
I will link out more, not only to get noticed and more links back, but to reach out honestly to like-minded industry professionals – after all, we don't compete most of time.
I won't sneak in "free links" anymore on unsuspecting sites that would not voluntarily link to me.

Social Media

I will market less and contribute more in order to become a valuable contributor to social media.
I will get organised while social networking and not just waste time drifting from update to update on Facebook, Twitter or Google+.
I will follow fewer hypes and not just jump in on every social site that web celebrities want me to. I will go where the real value is.
I won't just share links all the time on social sites but instead use them in a balanced way, adding networking and conversation to my daily habits.
I will schedule times for my social media activity instead of just dropping in and getting distracted all the time during work hours.

Blogging

I will blog more regularly instead of just updating my social media profiles on third party sites.
I will guest blog on other blogs, both the already important ones and the not yet very well known.
I will focus my blog writing on the desired outcome – not just blog for the page views and social shares.
I will socialise with other bloggers both online and in real life to establish lasting relationships.
I won't check web analytics daily or more often and obsess about metrics that only make sense to check in the long term or every other week.

Tools

I will use fewer tools and more techniques. SEO and SMO are still about how you use them, not how many tools you use.
I will use the tools I prefer more in-depth instead of just scratching the surface of the features.
I will take more time for social media analytics and monitoring and find out what real humans say about me, my contributions and why.
I will not trust tools with everything and make sure to cross check data and compare with other outcomes.
I will recommend only the tools I truly use, not the ones I'm an affiliate of.

SEO

I will perform more SEO tests and publish the results to the benefit of the SEO community, no matter how vague the outcomes are.
I will provide more advice to educate the clients and their teams and make them more self-sufficient.
I will share my techniques, tools and case studies, not just to show off but to get recognition from the SEO community.
I will rant and complain less about Google, other SEOs and bloggers and instead keep on improving my own arsenal.
I will build a recognisable brand instead of just relying on generic rankings on Google.

These resolutions are written in the first person to make it easier for you to identify with them and to apply them yourself. They are not necessarily my personal resolutions.

On a side note: this is my last post on SEOptimise after more than four years. I hope you liked my posts. If you did, you can keep on reading my own blog over at SEO 2.0.

The SEOptimise team will take care of this blog completely from now on, so there won’t be any shortage of posts.

* Creative Common image by Aftab Uzzaman.