Global Equity Earnings Revisions Rebound, Can Macau Casino Revenues?
I’ve been highlighting since mid-year a likely normalization of bond yields (and equity proxy multiples) from extreme valuation levels which were...
168 Views
Brexit: Judgement Versus Obedience
Yesterday's high court ruling stating that parliament must have a say before any triggering of Article 50 to start the process for Britain to leave...
151 Views
Egypt Devalues - Now the Hard Work Starts
One gets the feeling all sorts of intriguing news is due to pop up in the next week into US elections, with today’s notes of interest being Egypt’s...
157 Views
Insights from the Chinese Courts on Bad Debts
Problems with financial institution and private lending can be seen from some reports from bad debt litigation in the Chinese courts. Although the...
178 Views
RMB Approaching 6.8
The RMB has depreciated further and appears likely to flirt with the 6.8 level as the CNH already stands at 6.79. Though Chinese regulatory and...
137 Views