FW: 施永青: 陳冉曾是我的「學友」
Makes sense, people should not be casually "labeled" because of their upbringing or personal history.
http://www1.am730.com.hk/col_cview/photo/2012/201205/20120503.jpg
Makes sense, people should not be casually "labeled" because of their upbringing or personal history.
http://www1.am730.com.hk/col_cview/photo/2012/201205/20120503.jpg
If no progress is made on this front, this may become an issue this autumn.
http://www.newsmax.com/StreetTalk/Orszag-Tax-Deal-us/2012/05/03/id/437937
Will this get more chatter this summer? Last year, very few market participants were discussing the debt ceiling talk between Obama and the Congress until June. Most assumed that the talk would just be done at the last minute, and there would be little market impact. Reality eventually kicked in late July last year, and it wasn't pretty...
http://www.madhedgefundtrader.com/the-race-towards-the-year-end-fiscal-cliff/
The rating agencies are overreacting after being lambasted for not sounding the alarm on the subprime/MBS bust. What they doing now is like shouting fire in a crowded theatre. Panic creates panic, especially in the markets.
Was it ironic that the US treasuries yields plummeted after S&P downgraded the US sovereign rating last year? The bears on US treasuries got their heads handed to them AFTER the downgrade.
Worthy comparison, but it is crucial to note that many housing markets have their unique characteristics. Such as foreign demand in Hong Kong, London and Singapore, percentage of locals living in public housing (over 90% in SG), demographics, regulation and taxes (Germany has stringent laws against property speculation).
For all you Warren Buffett fans
http://www.cbsnews.com/8301-505383_162-57373393/person-to-person-warren-buffett/
This can be a major positive development for China and the global energy industry. The need to import energy is probably one of the biggest bottlenecks to Chinese economy, as long term inflation rate may be lower. This also has major repercussions for coal, nuclear, auto and many industry. This can be a game changer for China.
http://www.marketwatch.com/story/china-shale-gas-output-to-expand-quickly-2012-03-16