Tanking Shares and Bonds — Here’s What to Do
Shares in Evergrande have been suspended in Hong King trading. International bond sales by Chinese developers have all but halted.
Will the Next Sell-Off Be a Big One or ‘THE Big One’?
The only thing we don’t align on is the scale. Whether the next sell-off will merely be a big one…or THE Big One.
A Secular Bull Market Is Underway
A Secular Bull Market Is Underway. The energy crisis is not one of surging demand. It’s one of too little supply that is unable to adjust to changes in demand…
Corruption, Incompetence, and an Energy Crisis
This underinvestment in traditional energy means we’re likely entering into a secular bull market for oil and gas prices.
We’re All China Now
Despite the overnight celebrations (US markets up more than 1%), we’re starting to see the first major cracks emerge in China’s property market. But China is exporting more than just misery (or coming misery) to…
China’s ‘DOW’ Is Down 30%…and No One Cares
Retail sales, a key gauge of China’s consumption, rose just 2.5% in August from a year earlier, down sharply from July’s 8.5% year-over-year growth, according to data released Wednesday by China’s National Bureau of Statistics.
You Might Want to Take a Look at China…
China has been trying to ‘rebalance’ its economy for a decade now. It hasn’t been able to do so. I don’t know why now is going to be any different.
Why Aussie Economic Growth Is Set to Slow Sharply
Don’t believe it. As Jeff Snider points out in his blog, these economic activity readings are not slowing just because of China’s domestic situation.
Fast and Furious Wins the Race — The Merger of Woodside Petroleum Ltd
The deal needs a majority of Woodside shareholders to vote for it. It will probably get over the line, but there will be some back and forth between the company and investors.
A Lonely Corner of the Market — A Secular Bull Market Began.
The market in general is now much more bullish than it was at the start of the year. There is very little ‘value’ to be found.