Uncategorized
China no longer the largest US creditor – Japan is again. China capital outflows, have you looked at the bank loans? Brazil’s Odebrecht just got served the FCPA’s largest settlement. Happy Holidays! Headlines * FT - Ferocious competition roils private equity market 12/17. Deal volume is down, acquisition multiples are
Uncategorized
Oil peaking in five years? Gig economy creating or cannibalizing jobs? Headlines * FT - China moves to stop Hong Kong lawmakers from taking seats 11/6. "Beijing has banned legislators who advocate Hong Kong independence from serving on the territory's council, in an unprecedented move that exacerbates fears
Uncategorized
Xi Jinping, the master politician. In the US oil and gas industry it’s about time for some more culling of the herd. Uber providing transportation solutions for US municipalities. Headlines * FT - China's renminbi joins elite global reserve currency club 9/29. On October 1, the renminbi joined
Uncategorized
Japanese banks wary of property risks. Negative-yielding sovereign debt jumps to $11.7tn. This week all the media outlets were blanketed with coverage on the Brexit and of course the synopsis varied from catastrophe (a lot of money was lost in the equity markets around the world immediately – which
Uncategorized
Beware of ‘investments’ being peddled by Chinese banks. China no longer getting the same bang for the buck. Industry concentration tends to result less money going to employees. Headlines * FT - Will duration risk rear its head for bond investors? 4/28. "The duration on the Barclays global aggregate bond
Uncategorized
The virtuous cycle of Chinese real estate development. Global liquidity trap. What’s driving the China M&A boom? In an effort to ease readability and to assist with navigation of the weekly posts I have updated the format this week. I am removing the featured articles/themes from
Uncategorized
Chinese cracking down on P2P lenders. Anbang is off to a bang in U.S. real estate. Tick, tick, tick – CMBS not looking so good. Happy St. Patrick’s Day! To add a bit of good news, the Dow Industrials turned positive for the year yesterday and U.S. crude