From the monthly archives:
China Life Insurance Group is interested in purchasing AIG’s Asian Insurance unit, to maintain the stability of their Chinese operations.
My Opinion: We are witnessing a paradigm shift in global economics where it is no longer the traditional North American or Western European nations coming to the aid of Asian economies, as we have grown [...]
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While there is a threat Asian companies will emulate their U.S. peers and cut dividends this year, it should not distract serious investors from the huge dividend yields currently available in the region.
Current yields in the region are at their highest levels in almost two decades, offering more bargain opportunities than existed during the 1998 [...]
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As expected, China’s gobbling up natural resource plays. See article below. — Larry
China’s Buying Spree in Global Fire Sale
This month China bought stakes in French, Canadian, and Australian firms.
Feb 23, 2009 (The Christian Science Monitor) Beijing — General Motors is doing it. The world’s second-largest mining group is doing it. Russia, Brazil, and Venezuela are [...]
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See the following Bloomberg article about Trust Preferred Securities … http://www.bloomberg.com/apps/news?pid=20601110&sid=a3e_k0Gedi9k
Trust Preferred Securities are a hybrid security with characteristics of debt and equity investments, thus placing them higher than shareholders in the pecking order of creditors who get paid in the event of a bank failure. However, the nature of these securities allow interest payments [...]
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I’ve been inundated with questions from readers about what’s going on in the markets right now. So I dedicated this week’s issue of Money and Markets to answering some of the most burning questions I’ve received.
Everything from where I think gold is headed now that it’s broken above my key resistance level, to what [...]
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As I’ve been saying all along, competitive currency devaluations will soon become the order of the day. See article below and my commentary — Larry
Bank of Japan Must Devalue Yen
The Bank of Japan has already tried most tricks to alleviate the global financial crisis. In an effort to combat the worst economic slump since 1974, [...]
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The Group of Seven industrialized nations have adopted a more conciliatory tone against China’s handling of its currency.
At a time when economic rhetoric between the U.S. and China has increased, a disturbing trend, officials from both sides have reaffirmed the importance of a cooperative relationship. As the world’s largest creditor nation, China can expect to [...]
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The Japanese government is preparing additional stimulus measures to the amount of up to 30 trillion yen to boost their ailing economy.
A combination of factors have made this necessary, an ever rising yen has dampened export growth, the credit crunch has made operations difficult for corporations and the global recession shrank the Japanese economy by 12.7% [...]
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Good news is hard to come by these days. With announcements of new layoffs making headlines everyday and record losses tainting earnings reports all over the world, one can easily forget now may be the best time to invest in markets.
The Fed recently released numbers that showed the median net worth of the typical American family [...]
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Emerging markets are seeking to emulate Chinese fiscal stimulus success. New numbers out of Beijing confirm their four trillion yuan stimulus package announced in November is already taking effect. Construction on several billion dollar projects started in December, offering employment for some and raising property values for others, amongst other effects. While it is indisputable that China has [...]
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