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Daily Archives: October 18, 2021
China’s Q3 growth disappoints
China’s housing slump, energy shortages and spreading defaults among its property developers dragged down economic growth in the third quarter. As shown below, gross domestic product rose 4.9% from a year earlier (National Bureau of Statistics), below consensus expectations and … Continue reading
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Hoisington Q3 2021 Review and Outlook
Hoisington Management’s Third Quarter 2021 Review and Outlook (5 pages) is now available here and well worth taking in. The bottom line is that the recent bout of supply-driven inflation is likely to be self-correcting because the pandemic dramatically increased … Continue reading
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BC lottery corp: source of funds inquiry jeopardizes gambling revenues
The Cullen Commission, mandated to examine whether inaction or corruption enabled money laundering to take root in B.C. casinos and real estate, is set to conclude final submissions on Tuesday. As reported by investigative reporter and “Wilful Blindness” author, Sam … Continue reading
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