By Brendan Brown Asset price inflation, a disease whose source always lies in monetary disorder, is not a new affliction. It was virtually inevitable that the present wild experimentation by the Federal Reserve — joined by the Bank of Japan and ECB — would produce a severe outbreak. And indications from the markets are that the … Continue reading
Stock markets in China have plunged over the past few months with daily volatile swings after reaching 52-week highs on June 12, and although this has grabbed all the attention, Barclays is warning that we should be watching something else. According to Barclays, in a recent research note, it’s the Chinese real estate sector that we should be focusing on, … Continue reading
By Oliver Rui Don’t bet more than you can afford. Don’t borrow to play. Don’t chase your losses. Quit while you’re ahead. If only Chinese stock market investors had followed these basic gambling rules. Seduced by dreams of getting rich quick, millions of inexperienced Chinese investors have lately been treating China’s stock market like a casino. … Continue reading
By Jan Cienski in Warsaw BNE Polish property developers are ramping up residential developments after years of lacklustre growth – but this is likely to offer yet another real life example of the Hog Cycle that every Economics 101 student learns. In the Hog Cycle, high prices spur farmers to produce more pigs, which leads to … Continue reading