Category: Economics
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World Asset Bubble: Jeremy Grantham Speaks
“From Indian antiquities to modern Chinese art; from land in Panama to Mayfair; from forestry, infrastructure, and the junkiest bonds to mundane blue chips; it’s bubble time!” By now you have probably heard this quote by Jeremy Grantham in his letter to investors (which includes vice president Dick Cheney and a host of other high…
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The 6 Giants of Global Profits
Martin Weiss, Ph.D. examines the global marketplace and the six giants leading the economy. In this issue of Money and Markets, Dr. Weiss discusses the high demand for natural resources due to the booming global economy. Jupiter, Fla. (PRWEB) April 26, 2007 — Martin Weiss, Ph.D. examines the global marketplace and the six giants leading…
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China’s Stock Markets
The Issue Is Not China’s Stock Markets – It’s the Model By Scott B. MacDonald In late February 2007, the global stock market meltdown started in Shanghai. As The New York Times noted on March 4, 2007: “Less than a week ago, it might have seemed preposterous to suggest that a 9% fall in the…
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Shift Happens and it’s Set to Accelerate
In the last 10 years three billion people have started to climb the first rungs of the Global economic ladder and are lifted out of poverty and ignorance. The shift of wealth is set to accelerate as the “sea change” of prosperity and economic growth swing from the developed world shift to the emerging economies.…
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Insane Exuberence
For 2,000 years, foreigners have seen China as the golden dream. Time after time, they have learned to their regret that it is a gilded illusion; and it is happening again. During 2006, foreign investors tripled their investments in the Chinese equity markets. Even with that, foreign capital constitutes only 10% of the Shanghai (SSE)…
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Wilbur Looks at the World
An Interview with Wilbur L. Ross, Jr., Chairman and CEO, WL Ross & Co., LLC With Keith W. Rabin, President, KWR International, Inc. Wilbur Ross may be the best-known turnaround financier in the U.S., having been involved in the restructuring of over $200 billion in assets around the world. In 1998, Fortune Magazine called him…
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Pro Money Talk Features Interview with Steve Forbes
Forbes and Jason Papier, Co-host of #1 Personal Finance Podcast, Discuss Flat Tax, Other Issues SUNNYVALE, Calif.–(BUSINESS WIRE)–“Pro Money Talk” – the #1 rated personal finance podcast – today announces its latest episode, featuring Steve Forbes, CEO and editor-in-chief of Forbes. The episode is available for download via iTunes or at www.promoneytalk.com. In the episode,…
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S&P 500’s Remarkable Streak
Everyone with some financial sense knows that the markets (S&P 500 specifically) have been continually hitting new highs or at least new multi-year highs respectively. The strange thing is that we have not seen many corrections in that period. In fact, the S&P 500 is on quite an impressive streak right now (see below). Typically,…
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Is ‘Private Oil’ Threatening the NYMEX?
Rapid expansion in China and India has led the governments of these countries to make sweeping changes in the way they buy oil. In many cases, they are beginning to circumvent the traditional distribution networks of the New York Mercantile Exchange (NYMEX), and other bourses, entirely. In fact, according to a report released Wednesday by…