“Don’t Bet On Vegas. Not When China is on a Hot Streak”

Investors who are betting on a comeback in Las Vegas should consider putting their chips on the other side of the Pacific. Macau has just confirmed reports that it has almost doubled its in gambling revenues. By comparison, Las Vegas is still straining [...]

“Flat World”, famously observed by economist Thomas Friedman

The “flat world”, famously observed by economist Thomas Friedman, is also very much a hurting world, at least as far as most shareholders are concerned.
In Friedman’s vision of a “flat world” the entire planet is economically interconnected. Events in one region are felt instantly around the world. That [...]

PERSONAL NOTE FROM JIM:
As I have predicted, China will lead the world out of the recession. Each and every day there are more signs that I am spot on with my assessment. The Shanghai Composite Index is rising faster than opposition to Obama’s new health care plan, and here is the latest from Hang Seng [...]

Hong Kong – The Pearl of the Orient
I landed in Hong Kong at about midnight on October 8th (CST). Although I have been up for over 24 hours, this city is AMAZING. Every time I visit Hong Kong, I am taken back by the vastness of this city. The skyline is ever changing, always growing, [...]