“Is your company so small you have to do everything for yourself? Wait until you’re so big that you can’t. That’s worse.” Michael… Read More »Famous investing quotations – 4 – size matters
Stocks in Europe, Asia, US continue to decline – European banks on the second wave of the subprime crisis
As anticipated in our previous posts (unfortunately), shares continue to decline today on all the major markets, especially in Europe and Asia. There is an old investment adagio which says that “No news is bad news” (Ernest Hemingway, “For Whom The Bell Tolls). In this particular case, no good economic news means bad news for our shares investments.Read More »Stocks in Europe, Asia, US continue to decline – European banks on the second wave of the subprime crisis
Everything started in 2006, when it was announced that the combined market share of the main Asian auto makers (Toyota, Honda, Hyunday and others) has exceeded the one from the native Detroit car makers. It was a big hit to the local car producers and the US manufacturers (such as Ford or GM) announced big restructuring plans… Unfortunately for them, those plans failed to deliver the promissed superiority, whilst the Japanese producers continued their advancements in the car manufacturing.Read More »The Japanese cars producers advance their US market leadership
“The empires of the future are the empires of the mind.” Winston Churchill (1874–1965) British prime minister. Speech (September 1943)
Recently some worrying news came throgh the main media channels and I had to apply my economics knowledge again to the reality.
The U.S. trade deficit probably widened and the cost of imported goods jumped, underscoring how the surge in oil prices is hurting growth and igniting inflation, economists said before various reports are released this week. Read More »The US trade gap widening and its consequences for investing