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If you were to read only one thing… WSJ - Another Bubble Bursts in Hong Kong - Jacky Wong 4/25 * This one is the article in its entirety. * "Hong Kong’s stock market is becoming a byword for dangerous bubble-blowing." * "The latest stock to burst is Fullshare
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Shale markets to the financial markets – can I get some more money please… Slow housing recovery sapping GDP growth. China’s smartphone users flock to risky investments. Headlines FT - Chile heads for first recession since 2009 3/23. The Chilean economy contracted 0.4% in the fourth quarter of 2016
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There is a lot of money sloshing around between football (soccer) teams to trade players. Chinese football club worth more than AC Milan? Bad credit – no problem. Headlines FT - Rock-bottom rates squeeze German lenders 2/1. Interest rate sensitive German lenders continue to be squeezed by low-to-negative
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Inflation running away in Venezuela. The ‘whale’ in the market is you – or really your proxy by way of the government. Barbarian insurers in China are pissing off the securities regulators. China’s banks hiding more than $2tn in loans. A rise in US interest rates are likely to put
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Chinese mainland real estate companies pricing out local developers in Hong Kong. Happy Thanksgiving everyone and thanks for reading. Headlines * CoStar – Hines REIT Sells Tallest Building In Sacramento for $175.5 Million 11/17. Hines bought the 30-story tower in May 2007 for $224 million – it would appear that
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Helicopter money coming to Japan? GMO on EU immigration and the Brexit. Hong Kong and China at a cross road. ECB coming up against its quantitative easing boundaries. Headlines * FT - BP draws line under Gulf spill costs 7/14. All told BP's costs from the Deepwater Horizon disaster