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China's false debate on values

It may be true that China is heading in a positive and encouraging direction but the the use of the term 'Chinese values' to shut down debate and deflect criticism is absurd.

04 Feb 2015
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Scoreboard: Greek hope

European sharemarkets rallied as the Greek government backpedalled on demands, while Wall Street surged as rising oil prices helped lift energy shares.

04 Feb 2015
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Expect the cash rate to fall to 2% in the months ahead.

The RBA was right to cut interest rates again. Growth is too low and inflation is benign. Expect the cash rate to fall to 2% in the months ahead. Record low borrowing rates, the lower $A and the boost to spending power from lower fuel prices should help boost growth to 3% or just over into next year.

04 Feb 2015
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Draghi's 'Powerful Signal'

For months, analysts scrutinized every word uttered by Mario Draghi in hopes of divining if—and when—the European Central Bank would announce quantitative easing measures aimed at boosting growth and forestalling deflation.

04 Feb 2015
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Does It Still Make Sense To Overweight US Equities?

Investment decisions are typically driven by the costs of five factors: land, labor, capital, energy and government. One of the key theses of Too Different for Comfort, the book I wrote a couple of years ago, was that in the years following the Asian Crisis of the late 1990s, Asia boasted one massive comparative advantage: a much cheaper cost of labor than anyone else.

04 Feb 2015
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