The People’s Bank of China (PBOC) ain’t messing around. Overnight they cut short term interest rates for the third time since November as they battle an economic slowdown that threatens their 7% GDP “target”. This morning, …
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The term “investment bubble” has different connotations to different people. Those with cash to invest in known bubbles welcome them, as there are few investment environments that offer the potential of asymmetric short term returns …
Continue readingSometimes the Macro doesn’t matter. There are thousands and thousands of stocks that trade actively around the world each day. In any economy, in war and in peace, in feast and famine, some companies are …
Continue readingWSJ China’s central bank lowered benchmark interest rates on loans and deposits, and moved to allow rates to float more freely, in a bid to support growth and advance reform of the financial system. The …
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