The Question of Capital Flight

In better times, I was a money manager. My first job was analyzing Asia-Pacific stocks for one of the world’s largest pension funds, and my first boss was a very smart, savvy Hong Kong Chinese person. I had coffee with her recently and she says she is certain that this country is already experiencing . . . → Read More: The Question of Capital Flight

How Will We Know When The Bottom’s In Place?

Okay, so the U.S. is solidly in recessionary territory. The fundamental economic data are lousy, trends are down, consumers and businesses are retrenching, and nobody is happy. We know that, if current forecasts are accurate, the fourth quarter of 2008 will be the worst in terms of economic performance and at least the two . . . → Read More: How Will We Know When The Bottom’s In Place?