“Inflation is accelerating in the BRIC economies and central banks are responding with tighter monetary policy. While higher interest rates may be the standard remedy to combat inflation, tight money policies usually wind up dealing a death-blow to stock market investors.” — Mike Burnick
by Mike Burnick
Baltimore – (TFN): Don’t look [...]
“It doesn’t matter if the U.S. is in a recession or not because copper demand will continue to grow thanks to emerging economies like China, India and Brazil. Mix this in with sporadic strikes that cut back copper production and you have a clear cut case for higher copper prices in [...]
As global “Caravan Capitalism” seeks out the countries offering the lowest production cost, multinational companies are leaving China for Vietnam. Click here to view..
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“In announcing ‘no change’ in rates yesterday, the Fed pretends that its policy is perfectly calibrated to deal with the current economy. In reality however, the Fed is pinned down by a cross fire of inflation and recession.” — John Browne
by John Browne
Baltimore – (TFN): Cheerleaders will face [...]
Tags: china, dow, europe, Fed, federal reserve, house prices, India, inflation, saudi arabia, stock markets, us
“Beijing is really trying to get the city in shape for the Olympics… But the biggest change I’ve seen is in a sector many thought was invulnerable: China’s real estate market.” — Wayne Mulligan
Blogger’s note: Wayne Mulligan is the founder of TickerHound.com, a peer-to-peer question and answer site (just think of it as [...]
“Anyone who thinks China’s insatiable hunger for metals is going to subside any time soon need think again. On Monday it was announced that Chinese steelmakers have agreed to a new contract with Rio Tinto (RTP:NYSE) for the price of iron ore, which saw a 96.5% rise on last year.” — Dominic [...]
Tags: bhp, billiton, china, coal, futures market, iron ore, oil, Rio Tinto, RTP, speculators, steel, vale
“Now going global by investing local has been completely turned on its head. Another leading global beverage company is making an offer to buy-out America’s biggest local brewer.” — Mike Burnick
by Mike Burnick
Baltimore – (TFN): As I write this, one of the greatest icons of corporate America is in play. When [...]
“Starting at midnight tonight… diesel and gasoline prices will rise 1,000 yuan ($145.39) per metric ton.” — Stephanie Grimmett
by Stephanie Grimmett
Baltimore — (TFN): Chinese fuel companies are breaking out on news that the country’s government will raise fuel prices at midnight tonight.
PetroChina (PTR:NYSE), the country’s largest oil producer, is up 4.8% in morning trading. And [...]
Tags: biodiesel, ceo, china, cnooc, gallon, gasoline prices, gu, gushan, NYSE, oil refineries, PetroChina, PTR, sinopec, SNP
“With the IPO market in Asia just as lackluster as it’s been in the U.S. this year, investors were as pleased as punch that any company as healthy and growth-oriented as Little Sheep was going public. It was a small IPO, but it was enough to get the fellas in Hong Kong excited.” — Stephanie [...]
“At the same time supplies are dwindling, demand is taking off. Let’s do the math: Supplies are down 4% and demand is up 8%.” — Sally Limantour
by Sally Limantour
Baltimore – (TFN): Power shortages, strikes and soaring input costs have killed the production of platinum.
At the same time supplies are dwindling, [...]
“If you were Indonesia, which countries would you rather have as your buddies? A bunch of sleazy, corrupt, idle ‘lottery winners’ such as Nigeria, Venezuela and Angola? Or would you prefer a set of hard-working and diligent neighbors such as Singapore, Malaysia and Thailand?” — Martin Hutchinson
by Martin Hutchinson
Baltimore – [...]
Tags: angola, cartel, china, emerging markets, India, Indonesia, malaysia, nigeria, oil prices, opec, organization of the petroleum exporting countries, Singapore, thailand, Venezuela
“Like so many things in Asia, mainstream journalists completely missed the subtleties and, not surprisingly, that’s where the real story usually is. But you’ve got to know how to read between the lines to get at the ‘real’ meaning of what was said.” — Keith Fitz-Gerald
by Keith Fitz-Gerald
Baltimore [...]
Baltimore — (TFN): China is shutting down or idling polluting industries during the Olympics. That spells trouble for their already beleaguered Q3 balance sheets: The podcast for our latest TFN Amberger’s Smackdown can now be downloaded to your iTunes or PodcastAlley.com accounts.
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Baltimore — (TFN): Government subsidies come in more shapes than animal crackers. There are tax breaks, trade protection, trade promotion, labor subsidies, production, procurement and consumption subsidies. And then there are debt guarantees like airline industry loans, student loans, small business administration loans, or government-backed mortgages.
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Consider China the mother of all direct [...]
“Could the next asset class to take off once again be technology stocks? Keep in mind that tech products are incredibly portable and scalable. What’s more, they are the least vulnerable to inflated commodity costs.” — Adam Lass
by Adam Lass
Baltimore — (TFN): Ever since the great tech bubble burst in 2000, everyone has wondered what [...]
Baltimore — (TFN): China is shutting down or idling polluting industries during the Olympics. That spells trouble for their already beleaguered Q3 balance sheets!
View this video now!
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by J. Christoph Amberger
Baltimore — (TFN): A Chinese friend of mine spent most of last week on the phone, checking up on family. He’s from Sichuan, the Chinese province most affected by last Monday’s earthquake. The death toll is now expected to exceed 50,000. But millions of homes and businesses have not just been destroyed. [...]
“Standard & Poor’s just boosted the country’s credit rating to ‘investment grade’ in recent weeks, moving its rating from BB+ to BBB-. Why should we care? After all, isn’t Brazilian debt bought mostly by institutional investors? That’s true. But with the increased debt rating, Brazilian shares also should benefit.”– Martin Hutchinson
by Martin Hutchinson, Money Morning
Baltimore [...]
“So why is this move by Japan’s central bank important? That’s easy. We’ve been hearing for years how the Japanese economy is poised for a recovery. And each New Year is supposed to be ‘the’ year - yet it just somehow never seems to happen - at least according to folks who [...]
“All are coming to see more than 30 of The Sovereign Society’s financial experts from around the globe confront the hard issues facing investors today. They’ll be offering straight talk and actionable advice.” — Erike Nolan
by Erika Nolan
Baltimore and Panama City, Panama – (TFN): It seems like every day I [...]
Tags: asset protection, bankruptcy, china, consumer debt, credit crunch, energy sector, investment ideas, offshore, patriot act, presidential election, privacy, subprime, tax code, yuan