Friday, March 12th, 2010

Stock Market Hits A New High. Too Bad for the NASDAQ and NYSE!
Shares have jumped to another one-year high! Not in New York or London, of course. The action is now in Shanghai. The market there is up 61% this year alone!
With the benchmark Shanghai Composite Index roaring towards the 3000 mark, some investors are [...]

China is finally feeling bullish about the stock markets once again. Just last September, Chinese regulatory authorities suspended all new IPOs following a 60% plunge in the stock market. Now the ten-month blackout is coming to an end, signaling a potentially major shift in investor sentiment. Initial public offerings are in the works for Shanghai, Hong Kong and New York.

Were Barack and Michelle Obama the only world figures on stage at the G-20 in London? You might have thought so from the rapturous news reports that made it to the United States. It appears be true that the new president and first lady made a good impression on world leaders and that is a positive indicator for confidence in a U.S. economic recovery.

The messy naval skirmish between a U.S. surveillance ship and a squad of Chinese patrol boats in the South China Sea was just the first round fired in a dramatic and even historic week. Even more important was the seemingly casual comment by Premier Wen Jiabao after a lengthy session with the National People’s Congress [...]

China Takes the Lead on Economic Stimulus
The world waited with bated breath on Thursday for a beefed-up China stimulus that did not come. Is that cause for disappointment? Not at all. We believe it is cause for a sense of relief and a renewed confidence in China’s economic stimulus policies.
It is becoming more clear than [...]