What happens when one country gets jealous of another country’s advantage? What happens when China wants to be India and Australia wants to be Japan?
Japan needs to make some structural changes. If they don’t they’ll be left severely disappointed, much like the investors buying Netflix today.
One smart cookie believes we should keep interest rates at zero. But how can we do that and not have crippling runaway inflation?
I’m not a technology nihilist. I don’t believe technology will rise up against us and thwart the human race. But tech of all shapes and sizes is pushing a lot of us out of jobs.
Process driven and highly repetitive jobs could disappear in your life time. It won’t all happen overnight. But in time, automation and robotics will take over a lot of these jobs.
A local strategy is usually one that dominates over time. And as we move to a localised world, I think these locally dominant companies are the ones that will benefit.
I don’t think Trump is up late at night reading Sun Tzu’s play book. But he’s fairing pretty well at trade warfare.
This whole trade war is pointless. The US is fighting a losing battle and China is fighting an unwinnable battle. Let me explain why…
Stocks are down, again. You know that. But it’s not just stocks. Bond yields are on their way down too. It may have something to do with trade tensions.
According to the OCED, the French are some of the most taxed people in the world. Now add more taxes to that — which the poor can ill afford — and you get mayhem.
You and I, we’re not going to copy what leads to average results at best (and terrible results all other times). We’re going to do this instead…
General Zhang Yang found himself under anti-corruption investigation. One of the most powerful military generals in the country would end up taking his own life. Coincidence?
Buying is back on the menu. In fact, investors haven’t been this giddy since the volatility shock in February earlier this year.
Monetary policy is part art, part science. Central bankers don’t know what higher or lower interest rates will do. They have some idea. But they really don’t know for sure.