Daily Archives: April 15, 2010

There is great market excitement the past week about the prospects for earning beats in Q1. Surely we must care that 86% of the total growth in corporate earnings of the S&P over the past 12 months has been thanks … Continue reading →

Over-capacity and wasted resources are a hallmark of the Chinese government's insistence on growth at all costs. Just one example is that the country is currently building a number of high-speed railway networks as a kind of economic stimulus to … Continue reading →