The United States has taken yet another step toward the equivalent of a national ID card. According to a May 3 New York Times article, Congress is almost certain to soon pass legislation that elevates …
Driving Toward the United State of America
Category: Economy
The Mystery of Mr Wu
Just recently, a wizened Manchurian fellow with an enormous, yet calming, black mole on the tip of his nose beckoned me over to his rickety rickshaw. I have no idea what language he spoke to …
Investments ideas from Dubai
‘There is always a bull market somewhere’, says my editor, Frank Hemsley. And he’s right. At any given time, somewhere in the world a stock market is moving up – even when the ones we …
Is that a dollar revival?
Could this be the “turning point” for the US economy? asks Edward Hadas in Breakingviews.com. Finally the March trade deficit has shrunk, down to $55bn, a 9% drop from February’s figure. Moreover, April’s employment report …
China Courts Economic Disaster
“The world is in permanent monetary crisis.” — Murray Rothbard, economist China’s currency is pegged to the dollar at the rate of about 8.3 renminbi (RMB) to the dollar. (“Renminbi” means “people’s currency” in Chinese.) …
An avalanche to follow?
The chilling decline in market confidence, both in the UK and internationally, has been not just sudden but almost palpable. Dr Madsen Pirie of the Adam Smith Institute asks whether the disquieting economic news amounts …
Japanese investors wake up to dividends
Good news for Japan bulls, says Christopher Wood on Breakingviews.com: local investors are discovering dividends. For instance, Nomura’s Japan High Yield Equity Fund, was launched in mid-April with assets of Y49bn; this figure has since …
China: More Hype, Less Return
When I lived in Japan many years ago I had a friend who used to tell me the most wonderful factoids. If you laid all the noodles eaten by the Japanese in a single month …
Why Go With India Over China
Why Go With India Over ChinaThe Investment U E-LetterBy Dr. Steve SjuggerudPresident, Investment U. I recently spoke to Rahul Saraogi of Atyant Capital. Rahul believes India is a better investment than China – and that …
Japanese Interest Is Bad News For India
One of the more reliable sell signals for any asset over the past few years has been sizeable buying by Japanese investors. They tend to miss the boat: not only were they among the last …