Meet Monty and Tony

Text Size:

HAPPY HOLIDAYS, HAPPY NEW YEAR AND OUR GLOBAL THEMES FOR 2007

HAPPY HOLIDAYS, HAPPY NEW YEAR AND OUR GLOBAL THEMES FOR 2007

One can find humor anywhere.

I would like to quote from a piece of research by an analyst from one of the world’s largest financial institutions that I read the other day, “China’s industrial output only recovered marginally from last month’s slump. Real value added of industry rose 14.9% in November from 14.7% in October….Industrial growth may rebound early next year.”

Excuse me? What universe does the writer come from?

Economies only very, very rarely grow at 10%. Industrial output growth at 14.9% is astoundingly high for any . . .
Continue Reading: HAPPY HOLIDAYS, HAPPY NEW YEAR AND OUR GLOBAL THEMES FOR 2007

Share this:
  • email
  • Digg
  • del.icio.us
  • StumbleUpon
  • Facebook
  • Sphinn
  • Mixx
  • Google Bookmarks
  • Blogplay

VIEW FROM THE SOAPBOX

THE PICTURE FOR U.S. SPENDING RESTRAINT IS NOT BRIGHT, AND THE GLOBAL CURRENCY MARKETS FINALLY UNDERSTAND THE CONSEQUENCES

The global currency monitors look around and see Lebanon, Palestine, Iraq and Iran. They hear arguments for a Shiite state in eastern Iraq, where most of the oil fields are and they realize that Iran has won the first battle in the war for energy assets in the Iraq region. We predict that many more battles for energy assets in this region may develop soon.

Seeing these developments they say to themselves the following: The U.S. will be spending money to . . .
Continue Reading: VIEW FROM THE SOAPBOX

Share this:
  • email
  • Digg
  • del.icio.us
  • StumbleUpon
  • Facebook
  • Sphinn
  • Mixx
  • Google Bookmarks
  • Blogplay