Mindset: The New Psychology Of Success- Do or Die Updated July 2022 The current correction is the only one since 2011 that is real, and it could prove to be a precursor to a more significant upward move. If you recall, in the dot.com era, the markets corrected firmly in 1998, it looked like the … Read more
By Tom McGregor, CNTV Commentator The Green card lure China’s State Council (Cabinet) believes the nation is shifting away from an export-driven market and towards a services-based economy. Accordingly, the country is expected to lean on higher consumption, while Chinese companies are encouraged to invest more in research and development (R&D). Must Read: Fed’s out … Read more
How do negative interest rates work? Imagine if I came to you with a deal. Give me $10 today and I’ll return $9 to you in a decade or so. No way right? This is happening all around the world and on an increasing basis. Maybe you didn’t go to Harvard Business School, but perhaps … Read more
China Corruption Still Running Rampant Chinese President Xi Jinping has called corruption the ruling Communist Party’s biggest threat and vowed a “sweeping victory” over the problem. Graft in the world’s second-largest economy has manifested as casino junkets, blow-out banquets and suspected collaboration with stock traders. Stopping it has been a key point for Xi, who got clearance Sunday … Read more
By Tom McGregor, CNTV Commentator Much of Western China remains rustic and sparsely-populated. Rural farm villages dot the landscape, where a modern-day world seems far away. A traveler may feel transported to a different era, where they have landed into an ancient China dominated by an agricultural society. Beijing has implemented a “Go West” national … Read more
India vs China There are many experts pandering to the false view that India can overtake China, let’s put a stop to that foolishness right now. On PP basis China is a number, on a nominal basis, China is number 2, with a GDP of over $11 trillion. India, on the other hand, is at … Read more
Interest rate wars The Fed is stuck in between a hard place and a grenade, given this option, they will choose the hard place as unless you are looking for a one way to ticket to nowhere you won’t pick the grenade. Note that for most of the last year and even this year we … Read more
Do not wait for ideal circumstances nor for the best opportunities; they will never come. Anonymous India overtaking China: Possible or Pipe dream India has had many aspirations to overtake China, and it might be able to do so in terms of economic growth rate, but never in size. It is miles behind China’s GDP; … Read more
Strange as it may seem, no amount of learning can cure stupidity, and formal education positively fortifies it. Stephen Vizinczey Wealth Tax: The Prime Target is the Middle Class All along we have stated that the world is in the midst of a full-blown currency war: Japan just upped the ante by cutting rates into … Read more
Bobby And The Talking Bird’s Trading Plan Janice Dorn, M.D., Ph.D. Knowing yourself is the beginning of all wisdom…Aristotle Bobby was a lonely trader who bought a talking bird to keep him company. Little did he know what he was getting himself into, since the minute Bobby tried to put it into a cage, the … Read more