OK Given that a large part of China’s wealth is trapped in unproductive investments, it doesn’t inspire confidence about China’s ‘rising middle class’ and ‘rising consumer society’.
Interest rates are pinned so low that the hunt is on to find yielding assets and buy them. That’s before investors get pushed further and further up the risk scale.
Guarantor home loans may allow your kids to take the leap from renting to ownership sooner…but they can also ruin your financial life…and theirs.
Contrary to what you might think, we didn’t once touch on China’s credit quality and growing debt issues. You see, Chinese tend to look at very different indicators than IMF economists.
It doesn’t look great in the short term for gold and stocks. Gold should see a major crash to — at least — US$931 per ounce, and stocks a hefty correction.
One reason Greece is mired in depression is that its banking system is barely functioning. The ECB could solve this tomorrow if it chose too. But it chooses not to.
It’s hard to think of a more inane topic of conversation than the Australian budget deficit. If there is one, we’re all ears.
Yesterday, and possibly today (if your editor can stomach it), we’re at the Stockbrokers Association of Australia conference at Crown in Melbourne. We’re doing our level best to network and mingle as little as possible. A quiet seat in the…
Increasing minimum wage might sound like the right thing to do. But the real way out of this mess is to encourage private business sector growth.
The idea of raising that much capital? Call us lazy, but it just seems like a lot of hard work. We prefer the financial newsletter publishing business.