On the Dark Hidden Pools of Chinese Liabilities: Debt Binge and Capital Outflows
In September 2010 we warned of the Chinese Wall of Steroids, http://stage.blacksummitfg.com/wp-content/uploads/2011/01/The-Great-Wall-of-Steroids-Vol-2-Issue-3.pdf . In that newsletter we also explained the dangers of WMPs (wealth management products) in China where...Weekly Market Update
Market Action Investors continued to shy away from risk assets throughout the week as global shares hit a six-week low before regaining some ground on Friday. Money has flowed out of equities for the sixth straight week according to Bank of America and flocked to...Risk Adjusted Returns, M&A, and Portfolio Structure: What Does Recent Market Activity Tell us?
Recent reports by major investment banks carry a flavor of pessimism, by suggesting underweighting equities and higher exposure to high yield. We are cautious over the course of the next few months regarding equities and we would suggest defensive tactics (such as...Weekly Market Update
Market Action Equities posted their third consecutive week of losses in the U.S. amid mixed data from corporate earnings and economic variables. The retail sector was in heavy focus as several major firms posted weak quarters while retail sales data on Friday was the...The Geopolitics of Market Volatility: Spillover Effects and Macro Fundamentals
The act of counterbalancing and possibly containing China has multiple faces. Shinzo Abe, the Prime Minister of Japan met with Vladimir Putin of Russia last weekend in an effort to sway some support regarding the dispute between China and Japan over the Senkaku a.k.a....Sign Up for Our Publications
