The island of Caofeidian is located 200 kms from Beijing and is a land reclaimed from the sea and converted into an economic development zone in Tangshan district, China. The port of Caofeidian was promoted...
While everyone is trying to figure out how to twist the new tax cut to their advantage and save some money, the US Treasury Department just announced how much net new debt it will have...
North American session sold into the dollar’s upticks and Asia followed suit, taking the greenback to new multi-year lows against the euro and sterling while pushing it below the JPY110 level for the first time...
One of the big forces in the brick-and-mortar retail meltdown are private equity firms that acquired retail chains via leveraged buyouts during the LBO boom before the Financial Crisis or more recently. Numerous of those...
There is nothing quite like a falling dollar to spur take of the erosion of the greenback’s reserve status. There has been talk for several months that China is preparing in yuan-denominated oil contract (with...
The Financial crisis of 2007 witnessed unprecedented and collective response from central bankers across the globe which was flexible, decisive and also local in nature to address the need of regional malaise. Aggressive reduction of...
The investment climate is being shaped by two powerful forces. First is the very accommodative policy stance. This includes the United States, where despite delivering the fifth rate hike in the cycle, adjusted by headline...
The US has approved the largest rewrite of the US tax code in more than 30 years. The House of Representatives, which had already passed an earlier draft, is expected to give its final approval...
The popular press is full of articles about how automation destroy jobs. It seems so intuitive, capital, in the form of technological advancement, replaces labor. In response to claims that low wage economies, like Mexico...
The Financial Crisis in the US was a consequence of too much debt and too much risk, among numerous other factors, and the whole house of cards came down. Now, after eight years of experimental...
Manheim, the world’s largest wholesale auto-auction company, reported that prices of used vehicles that went through its auctions jumped again in October. Its Used Vehicle Value Index – which is adjusted for mix, mileage, and...
US businesses traditional relied on bond and equity markets to raise capital. When the crisis struck, the US acted early and quickly to re-open market functions before the banks were prepared to expand their lending....