Browse By Tags
59 artículos etiquetados con "China"
There are political sides in America ... and
then there are political sides in the communist state of China. Here, it's a
matter of the right and the left. In China, it's a matter of private enterprise
and strong foreign investment versus highly centralized and debt-heavy state
enterprise.
...
My friends at
GaveKal are uniquely positioned to help us think about where we have been in
the past decade and where we are going in the next one. Their perch in Hong
Kong lets them keep their fingers on China's pulse, but they also have profound
roots in Europe – the Gave family is French – as...
Companies issue state of the enterprise
addresses, and presidents issue state of the union addresses ... but you've got
to be pretty confident to address the state of the world. Luckily for us,
Stratfor founder and CEO George Friedman is just that confident – and
it's well-deserved.
George is...
I have been reading
and talking with Simon Hunt for a long time. He is a very thoughtful Brit who
spends a lot of time in China and thinks about copper and commodities and
cycles. He has enough seasoning to have seen a few cycles himself. This piece
summarizes rather well the view that he has...
This week's Outside the Box will be
unusual. Rather than one essay, I give you a number of short ones, and links
that are representative of the confusion that is Europe, along with a little
history. As I noted this weekend, last week's Eurozone announcement
was short of details, and very little of...
Today’s
Outside the Box is the latest chapter in my ongoing discussion with Dr. Woody
Brock on the rationale of the politics of economics. In this essay, Woody
explains how political science has taken a back seat to economics, and how
to redress the imbalance we find today between what he terms...
The saying goes that you can learn something new every day. If you're paying attention that is – and more importantly if you know where to look. Today I was getting my morning fill of geopolitical intel from my friends over at STRATFOR (on everything from personal security to country economic...
For those of you keeping up with the much-discussed energy deal between China and Russia, you know the many reasons, both geographic and political, why it's unlikely to pan out. The geopolitically savvy folks over at STRATFOR told us about it a couple of weeks ago, and have moved their forecasting...
This week’s Outside the Box is from one of the more
interesting thinkers and observers of the markets I know, Simon Hunt. When we
get together in London, conversations are lively, as we don’t always see eye to
eye; but we can always discuss, in a very civil manner, the affairs of the
world. This...
They say that natural gas is a more dynamic study in geopolitics than oil. Yes, petroleum is what makes the world go 'round. But, once you get it to a super-tanker, you can ship it anywhere. Natural gas, of which the world consumes 3,000 billion cubic meters per year, is much harder (and more...
A true understanding of geopolitics (and therefore geopolitical risk) is an essential piece of the puzzle in managing investments wisely. You're bright people, I know. If you need to know what's going on in China to inform your investments, you sit down in front of the keyboard, and after a few...
This week we look over the Pacific pond to China and Japan, in an interview with my friend Vitaliy Katsenelson by David Galland, who is the managing editor of The Casey Report. Vitaliy is the chief investment officer of Investment Management Associates, Inc., and author of Active Value Investing....
My internet went out today, and after chewing out my service provider for a good half-hour, I got to thinking about how we accomplished work in the good old days, before the age of information, when a mouse was just a furry varmint chased by cats. My thoughts snowballed, as they often do, and I...
The Chinese have a bit of a challenge on their hands. One could reason that as the world's most populous country, China would also have the highest number of individuals living in poverty. However, I was shocked to learn that the number is over 600 million. Talk about a mess. If you do any sort of...
Today I'd like us to think about sustainability. The Mayfly is a species of insect that goes from egg to death sometimes in as little as 30 minutes, and never more than a day. Take note, because as investors we have to be wary of the same rapid fluxes in economies. I'm of course speaking of the...
The key to being a great chess player is to think ahead. True grandmasters think ahead not by just one or two steps, but a full game. The key to winning is determining the most likely moves of your opponent, among what seem at first glance to be hundreds of possibilities. The same can be said of...
This week we turn our eyes to Asia as my friend Louis Gave of GaveKal gives us a very thought-provoking piece on the problems of investing in Asia, with a focus on China. While there are real opportunities, Louis also sees some speed bumps. Those Asian ETFs may not be the winners a lot of people...
It has been a busy day in Rome, doing the Vatican Museum, St. Peter's and the Trevi Fountain. But I have to find time to get you your Outside the Box and have I got a great one for you. David Galland of Casey Research was kind enough to let me use an interview he did with two of his energy research...
A quick introduction for this week's Outside the Box. This is from my London Partner Niels Jensen, talking about the problems with long only commodity funds. This is something I discuss frequently but have not written about in some time. Quite simply, many of the commodity ETFs do not deliver what...
Before we get to this week's Outside the Box, a quick note about my writing on Greece in last Saturday's letter. I made the point that if Greece defaults it does not necessarily mean they have to leave the EU, any more than if Illinois defaulted they would have to leave the United States. Greece...
