China’s CPI increased by 4.5% in January, significantly higher than the 4.1% that everybody was expecting.
Rising inflation will make it difficult for China to lower interest rates to keep its economy humming.
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This is an interesting article about one real estate experts contrarian view on Asian and U.S. real estate. A very good read.
Here is one except that I think makes a lot of sense.
Back home in Asia, the only market he likes is Malaysia, where average prices in its big cities are about one-tenth of those in Hong Kong, while its commodity-backed economy should outperform its export-dependent regional rivals.
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According to a new Bloomberg study, the most attractive emerging markets to invest in are:
1. China
2. Thailand
3. Peru
4. Chile
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Revenues in China increased by 39% for Yum Brands. Wow!
Plus, Yum Brands now get a whopping 46% of its total revenues from China alone. Double wow!
Would you care for some sea eel pizza?
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Deloitte Touche came out with their annual list of the world’s most powerful retailers and I really think this list has some useful investment information tucked inside of it.
You need to look at the list but its is dominated by American and European retailers. The lesson there is that western brand names are popular all over the world, including Asia.
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Estee Lauder (NYSE:EL) reported a 15% in Q4 profits and attributed most of that growth to booming sales China, which were up by 44%.
To put that into perspective, sales in North America only increased by 9%.
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Via Business Insider, we learn that the amount of gold needed to buy a Manhattan apartment has taken a great round-trip.
In 2011, gold had more purchasing power relative to Manhattan real estate than at anytime during the past 22 years (the limit of our publicly released data).
It would take 908 ounces of gold to purchase the average Manhattan apartment versus the 1996 low point of 1,030 ounces.
Can you think of any other asset class that has held its value so well over the past 22 years?
Read the rest of the story at Business Insider: http://read.bi/y2ntLv
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The S&P 500 had a great week last week, and on Friday, it closed near its high for the day. So why are so many market timers and analysts so bearish? Let’s look at a weekly chart …
You can see that the S&P 500 is coming up against two levels of overhead resistance. One is the downtrend from 2007 — the S&P 500 pushed through that on Friday. The other is price action from this summer, which was stubborn overhead resistance then and is stubborn overhead resistance now.
Looking at that, plus the great run the S&P 500 has enjoyed for months, it’s tempting to say “nothing goes up in a straight line,” and yes, this is a great place for a pullback.
And maybe we’ll see a pullback this week. But if it happens, will you be a buyer or a seller?
Some bulls will point out the “golden cross” of the 50-day moving average rising through the 200-day MA (on a weekly chart, represented by the 10- and 40- period moving averages). I’d also point out that momentum is strongly bullish.
That can change with the next round of news out of Greece. It’s funny (not ha-ha funny) that the fortunes of a crumbling country run by kleptomaniacs now has so much weight in the market, but we have to go with reality as it is, not as we wish it.
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Even important historical/cultural buildings are not safe from the national bird of China: the construction crane.
In a city that has watched its centuries-old, low-rise fabric steadily be supplanted by soulless glass towers.
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