The European debt crisis is expanding and threatening to bring down the rest of the world with it. At least that is what the "experts" are warning. But they couldn't be more wrong. New research from the International Monetary Fund, the World Bank, and several brokerage firms reveal a small...
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Uncommon Wisdom
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Tony Sagami
on
10-07-2011
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Filed under: Asia, Tony, Sagami, Chinese Stocks, China, Investing, Asian Investment, Invest, growth, investment, global, stocks
It is an old statistic but one that investors should never forget: Roughly 70% of the U.S. economy is comprised of consumer spending. That is the money that you and I spend at the grocery store, the shopping mall, at car dealerships, and at our favorite restaurants. The problem for the U.S. economy is...
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Uncommon Wisdom
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Tony Sagami
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07-29-2011
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Filed under: Tony, Sagami, Chinese Stocks, China, Investing, Asian Investment, Invest, investment, Inflation, global, stocks
I use public transportation, usually subways and trains, all the time when I am in Asia. Not to save money but to save time because the roads in most large Asian cites are packed like sardines and move slower than a snail. And while I was happy to hear the U.S. Department of Transportation announce a...
HSBC Holdings, the U.K.-based banking behemoth, said it was going to hire 2,000 employees in China and Singapore. Since over 50% of its profits come from Asia, HSBC knows a thing or two about the region. “Opportunities for growth are many in China. We forecast that the combined middle-class population...
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Uncommon Wisdom
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Tony Sagami
on
05-27-2011
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Filed under: Asia, Boom, Tony, Sagami, Chinese Stocks, China, Stock, Investing, Asian Investment, Invest, growth, investment, Prices, global
The U.S. economy grew by 1.8% in the first three months of this year. That is down from 3.1% in the last three months of 2010 and pretty clear evidence of that the U.S. economy is far from turning around. Plus, the second-quarter numbers should be even worse given the effects of $4 gasoline, Mississippi...
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Uncommon Wisdom
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Tony Sagami
on
05-20-2011
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Filed under: Asia, Tony, Sagami, Technology, China, Investing, Asian Investment, Invest, growth, investment, global
I don’t get it. I’m talking about spending upwards of $100,000 (or more) on a car. Sure, I dreamed about owning a Porsche or Ferrari when I was a young man, but that was when I had no money and even less brains. I will forever be the son of a frugal farmer, so a Ford or Chevy pickup will...
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Uncommon Wisdom
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Tony Sagami
on
05-13-2011
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Filed under: Asia, Boom, Tony, Sagami, Investing, Asian Investment, Invest, growth, investment, global, Car
On March 2, I wrote about the uncomfortably rapid increase in food prices and how you could profit from the forthcoming food inflation boom. I said: “Over the last year, global food prices have increased by 29% partially due to weather shocks such as the Russian drought and floods in China. The real...
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Uncommon Wisdom
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Tony Sagami
on
03-18-2011
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Filed under: Asia, Tony, Sagami, Chinese Stocks, China, Investing, Asian Investment, Invest, investment, Prices, Inflation, global