Two provincial leaders’ styles offer a glimpse at contrasting development paths in China; housing prices in 100 major cities in China continue to stumble; fresh data lower flows of cheap capital from Beijing and a possible rise in borrowing costs across the American economy.
Following this CD post from last Saturday "Has the Real Estate Market Finally Bottomed Out?" comes this WSJ article " Rise in Phoenix Housing Shows Path for Other Cities ": "As home prices continue to drop in most cities, a nascent ... Read Post
From Russell Napier's ERIC We have forecast since mid-August that Brent oil prices would fall to “$70/bbl and probably lower”, and the US$ would see a strong rise. As Chart 1 shows, Brent has now reached our target, falling 40%, whi... Read Post
On Friday, May 18, 2012 Facebook.com filed its initial public offering, allowing any one in the world to invest in their company via the NASDAQ. It launched with a price per share of $38 dollars and a $104 billion dollar valuation. ... Read Post