In 2003, when the economy finally turned up again after the dot-com bust, U.S. debt-to-GDP stood at 306.2%. We embarked on another debt-driven growth cycle and just at the beginning of the Great Recession in the third quarter of 2008 this same debt-to-GDP ratio stood at 358.2%. While in this recession, the government thought that it would be a great idea to try to resuscitate this debt-driven growth model and produced previously-unimaginable trillion-dollar-plus deficits. This situation terrifies me... Continue Reading »
In today's issue we discuss the real Brazil and small-cap performance. We also take a closer look at Brazilian banks and why their earnings have grown presenting a great long-term investment opportunity. We will also discuss why investing like Warren Buffet could lead to dead money, and the future of... Continue Reading »
Since China is the biggest consumer of many dry bulk commodities and it just surpassed the U.S. as the world's largest energy consumer in 2009, more and more commodity demand, prices and shipping rates will be set by the mainland. The Chinese central bank has been tightening aggressively since April,... Continue Reading »
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Guanxi is the Chinese term for "relationships and connections," and is an important element of doing business in China. However, it is less important today... Continue Reading »
Your guide to explosive, wealth-making profits from the fastest-growing economies in the world.
| Russia RTSI Index |
1487.05 | -4.39 | -0.29% |
| Shanghai Composite |
2663.21 | +6.86 | +0.39% |
| Hong Kong Hang Seng |
21257.39 | +90.12 | +0.43% |
| India BSE Sensex |
18799.66 | +132.95 | +0.71% |
| Japan Nikkei 225 |
9239.17 | +140.78 | +1.55% |
| Brazil Bovespa |
66624.00 | +217.00 | +0.33% |
| Australia S&P/ASX200 |
4560.20 | -21.90 | -0.48% |
I appreciate your "friend-to-friend" communication style, your personal knowledge and "boots-on-the-ground" approach, as well as your LACK of sending a continuous stream of email solicitations like many of the other newsletters I subscribe to do. I look forward to each and every one of your communications. You have become a trusted advisor.
— M. Clausen
Des Moines, Iowa