Sign inRecent Commentaries tagged (china)
"On the Call" CNBC 3/19/2010
By: Scott RedlerLast time I was "On the Call" we were in the midst of a 9% correction. I said GET EXCITED: buy the dip at around 1,040 in the S&P. We hit 1,044 and that was it. Our thesis for this year has been to buy dips and be bullish on opportunities to buy stocks that look to be breaking...
Chinese stocks – finely balanced
As reported over the weekend (via US Global Investors), the latest Chinese inflation figures surpassed the one-year deposit rate of 2.25%. Negative real interest rates may provide an additional incentive to drive asset prices higher, increasing the likelihood of the Chinese central bank raising...
The yuan currency play
This post is a guest contribution by Rebecca Wilder, author of the of the News N Economics blog. Don’t let anybody tell you they know what the Chinese government will do with the yuan because they don’t. If you are interested in the pros and cons of yuan revaluation, some time ago Michael Pettis...
Chermany?
Martin Wolf introduces this name, a combination of China and Germany (as opposed to “Chimerica”, a name invented by Niall Ferguson and Moritz Schularick), to discuss the economic policies of the two countries in his opinion piece, “China and Germany unite to impose global deflation.” (See...
Exchanges Getting Heated in Sino-American Relations
By: Lee VecchioneThis weekend, Premier Wen Jiabao gave his annual news conference where he continued his increasingly defiant tone again the west and criticism of U.S. economic policies. In my report, I discussed the growing threat of China becoming a net seller of U.S. Treasury securities in...
Why Should China Change?
Paul Krugman takes on China in his column this morning: “Taking on China”: http://www.nytimes.com/2010/03/15/opinion/15krugman.html?hp=&adxnnl=1&adxnnlx=1268654957-6LHafkNf0eW6a/enaOOFeQ. He begins, “Tensions are rising over Chinese economic policy, and rightly so” because it “has become a...
Picture du Jour: Chinese construction – boom or bubble?
It would not take too much guessing to figure out where the bulk of the world’s construction activity is taking place. Of course, it is in China, but who would have thought global construction would decline from a year-on-year rate of almost 20% to close to zero once China is stripped out? This...
How China sees the world
Source: The Economist, March 10, 2010 (hat tip: Atlantic Asset Management). Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Is China going to allow its banks to fail in the upcoming (potentially gigantic) wave of bad debts?
Last month, we reported that Marc Faber commented that China is going to slow down in 2010 (see the video in Is China going to dump their excess metal stockpiles?). The question investors should ask...
Prieur’s readings (March 8, 2010)
This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. • Steven Sears (Barron’s): Controverting complacency, March 8, 2010. It is now quite fashionable for anyone active in the markets to remark that investors are too complacent....
Chris Wood: “The US will be the endgame”
In this video interview, Chris Wood, CLSA’s Asia strategist and author of the top “Greed & Fear” newsletter, shares his views on global markets with CNBC. Wood said: “My view is that there is an inevitable endgame as a result of all this massive spending of taxpayer money in the West and Japan...
Prieur’s readings (March 7, 2010)
This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. • Andy Xie (China International Business): A change of mindset, March 5, 2010. The biggest policy debate this year has thus far been when and how fast to exit from last year’s...
Prieur’s readings (March 6, 2010)
This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. • Brett Arends (The Wall Street Journal): The Oracle’s tips for the rest of us, March 1, 2010. Every few years, critics say Warren Buffett has lost his touch. He’s too old and...
Lower Chinese PMI: Canary in the coalmine?
China’s PMI numbers for February were released yesterday and received surprisingly little media attention. Although I am usually not keen to slice and dice single-month statistics too intensely, the latest suite of manufacturing indices does seem to warrant more than cursory attention. Firstly,...
Prieur’s readings (March 1, 2010)
This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. • Randall Forsyth (Barron’s): After lost decade, it’s still tough to find returns, February 26, 2010. Low yields, rich valuations point to continued paltry returns from stocks...
