China is moving up the value chain
It’s a natural process. Most of the Asian ‘tiger’ economies started out as cheap assembly places for foreign companies and/or textile producers, and moved on from there as economic growth […]
Oil supply issues will remain
We see a rather big selloff in oil (although, to put that in perspective, prices are back to where they were half a year ago or so, when they were […]
Top scientist slams Pickens plan for aggravating the natural gas crisis
An interesting article from one of the best blogs on alternative energy. Top US scientist Brent Nelson sees much good in the T Boone Pickens energy plan to wane the […]
Asset deflation spirals through de-levering
We wrote earlier about self-reinforcing mechanisms in the economy. We’ve got another one for you, a particularly nasty one..
Vexing problems for China’s central bank
You might be inclined to think that countries with big trade surplusses do not have problems. They’re just sitting there, amassing assets from the rest of the world. Think again. […]
Is the productivity boom bullish or bearish?
There is a somewhat surprising surge in labour productivity going on in the US economy. It is one of the most important indicators of an economy, but this time, it’s […]
Cramer versus the bears
We’ve reported before that Cramer doesn’t think the market will go below the July 15 lows. He even has six reasons for that (we like that, arguments..). However, there are […]
US stocks overpriced
There are two reasons for that. First, they are already very expensive as it is. Secondly, analysts have a habit of overestimating earnings on a systematic basis (and even more […]
Stimulus packages in Asia’s biggest economies
Yep. inflation or no inflation, both Japan and China are embarking on stimulating their economies, on the Chinese plans, we actually wrote before. It’s a difficult balancing act as inflation […]
Tightening of world liquidity good for the dollar and US markets?
US turning the corner? We reported how Jim Cramer called a bottom for the US market, now there is the famous writer of the Gloom, Boom & Doom report Marc […]