The recent US debt problem has split the investor camp into two. One which believes that US will indeed go into a recession and the other camp that believes that US will not go into a recession. One of the camp has Jim Rogers as its patron while the other has Warren Buffett as its member. … Continue reading Jim Rogers vs Warren Buffett
Category: Economy
U.S. hits debt ceiling
The United States government has officially hit the debt ceiling of $14.3 on Monday, 16th May 2011 (U.S. time). Treasury Secretary Timothy Geithner cited that he will suspend investments in federal retirement funds until August 2nd so that the government can continue borrowing. Beyond this period, the Congress has to either raise the debt ceiling or the … Continue reading U.S. hits debt ceiling
“Inside Job” movie
I just finished watching a movie called "Inside Job". It's a movie on the global economic crisis of 2008 and how it happened. It is by far the best movie I've seen that explains the financial crisis in-depth. It leaves no stones unturned. If you want to know the who, what, when, where, why and how … Continue reading “Inside Job” movie
Is money really money?
Bullish on China for the long-term?
Many investors are bullish on the prospects of China's growth going forward. I belong to this camp too. I'm extremely bullish on China as an emerging market. There are several reasons for this. Firstly, the Shanghai SSE 50 A-Shares Index is currently trading at a P/E of 13.33. Valuations peaked at around 70 times earnings … Continue reading Bullish on China for the long-term?