Photo Credit: PAS China President Trump has been promoting a trade war with China. His defenders argue it is time to rebalance what has been a win-lose trade relationship. Although there are positives in getting cheap goods from China that the trade balance can’t capture, it is true that China’s long growth spree should be… Read More Macro Observations: The trade war doesn’t mean a trade surplus
(Photo credit: James Lee) Presently, the main doubt tormenting me is whether we are already in a long-term bear market or not. Everybody seems to hold the view that we are still some time away from it, and this is, precisely, what worries me. One of the most interesting facts about economic recessions and bear… Read More A Recession is coming… Or is it already here?
(Photo credit: Sankarshan) First of all, we have to get the context for this transaction. IBM (IBM) proposed taking over Red Hat (RHT) in a $30 billion deal. There are some specifics that must be covered. One of the most important is the fact that this is a friendly deal, i.e., the acquired management team is… Read More IBM + Red Hat: Market is assuming a 20% chance of failing the acquisition
(photo credit: Aaron T. Goodman) Nader Naeimi, the guy who correctly called the emerging market selloff back in October, is now being quoted by Bloomberg as being bullish on Chinese shares. That doesn’t surprise me. First, the market rout happened very fast and the performance went down by a lot. For instance, from top to bottom… Read More Now is the time to buy Chinese stocks