Everyone Has the Argentine Economy Wrong
Many people believe that the rest of the Argentine economy is just as corrupt and risky as its football business. I disagree...
Buy Japanese Shares, Says Hedge Fund Guru
Hugh Hendry lots of money through high-profile contrarian investments. Right now he is bullish on US stocks, the US dollar and Japanese shares.
Why Japanese Debt is a Disaster Waiting to Happen
US money manager Kyle Bass says Japan’s central government spends 50% of its revenue on servicing debt. If interest rates rose by 2% then all of Japan’s tax revenue would be spent on servicing debt, leaving it with no money for anything else.
Bill Gross: Beware the Central Banks Bond Playing Game
Central bankers around the world are enthralled by quantitative easing, says Bill Gross. That should make investors very nervous, says the co-founder of PIMCO, the world's biggest bond fund.