Archive for 2010
As another Christmas season comes to a close few of us reflect on the part that China plays in our festivities. More than 60 percent of the world’s Christmas goods come from China. But most Chinese do not celebrate Christmas themselves, of course. And manufacturers of seasonal goods are now wondering what next year will bring. Read the rest of this entry »
(from the December 1926 issue of Success Magazine by Orison Swett Marden)
If I were asked to express in a single word that, which I believe to be most valuable, most helpful to, human beings, I would say "Love." It is, indeed, "the greatest thing in the world." It is the one thing that lifts man’s life to its greatest possible power and beauty. Without love the world is a desert; with love it blossoms like a rose.
As the festive season approaches, we're seeing some brand new sparkles of light from the east. China has already come into its own as a major market for gold. Gold bars are flying off the shelves as investments. And gold jewelry is selling at a rate that threatens to leave the world's number one consumer, India, in the dust.
Now it is diamonds! The forecast for China's imports and exports of diamonds this year has Read the rest of this entry »
As the year comes to a close, things are heating up in China. I'm not talking about inflation or the overheated property market. That's old news.
I'm watching where the Chinese government plans to spend new money in a big way. Read the rest of this entry »
A popular acronym that traders like to throw around a lot is KISS. Translation: Keep it simple stupid. Truer words have never spoken, but I certainly don't want to imply anyone reading this lacks intelligence, but it pays to remember the KISS principle can be applied to investing or holding periods that are longer than the typical intraday or swing trade. Read the rest of this entry »
China kicked off the pre-Christmas week with an unexpected bang. Rather than raise interest rates again, Beijing held its fire. Although reserve ratios at several banks were tightened, that didn't stop the party.
U.S. pundits missed the mark again. Most of them had been predicting a stiff interest rate hike by China to control inflation. I hope you ignored them. Read the rest of this entry »
Some people will grab at any opportunity to bury their heads in the sand. It’s hard for some to accept the fact that China is rising and U.S. influence is on the decline.
A century ago it was just as inconceivable to many Britons that the sun was setting on the British Empire. The American century had begun. Read the rest of this entry »
It's not everyday that investors get advance notice of a $1.5 trillion dollar spending program. But that's exactly what happened with a little-noticed story in the Shanghai Daily.
The newspaper reported that Beijing is working on a $1.5 trillion stimulus program to boost key industries. The way I see it China is about to reach for the lead in most of the world's advanced technology industries. Read the rest of this entry »
This is the kind of thing that the Chinese usually keep a secret. No one knows why Beijing broke with tradition. But perhaps the news was too big to contain behind the usual wall of silence.
If you hadn’t already heard, China’s gold imports are up – way, way up. In Read the rest of this entry »
You've probably heard the nickname used for the current session of Congress: Lame-duck. With tax issues, including the dividend tax, at the forefront of what Congress needs to tackle before the end of this year, rest assured this will be anything but a lame three weeks on Capitol Hill. Remember this about the dividend tax: The White House is trying to make investors believe a higher tax on dividend income isn't that big of a deal Read the rest of this entry »