Chinese stocks started off with a bang this year, rallying by 10% in January and February, but struggling since Premier Wen Jiabao lowered China’s 2012 GDP growth forecast from 8% to 7.5% on March 5. Since then, a growing number of analysts and China observers have turned cautious on China. The...
Let's not sugarcoat the state of our economy: Unemployment is stubbornly high, real estate prices are in the dumps, our nation is up to its eyeballs in debt, and we're teetering on the cusp of recession. That's why two weeks ago Ben Bernanke and his Federal Reserve buddies promised to keep...
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Uncommon Wisdom
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Tony Sagami
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09-09-2011
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Filed under: Asia, Tony, Stock, Investing, Asian Investment, Invest, growth, investment, Inflation, 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
The United States created more than 200,000 jobs in March and pushed the unemployment rate down to 8.8%, according to the Labor Department. On top of that, the stock market ended the quarter with a bang and ended up as the best first quarter for stocks in 12 years. The Wall Street crowd was impressed...
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
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03-18-2011
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Filed under: Asia, Tony, Sagami, Chinese Stocks, China, Investing, Asian Investment, Invest, investment, Prices, Inflation, global
The finance chiefs of the world's 20 most-developed economies recently gathered in Paris to discuss the challenges facing the global economy. One of those challenges is inflation — especially food inflation. "International commodity prices are rising. Food situation is a major issue which...