Skip to main content

A Longer View

Search This Blog

As America crash lands, the world looks east | Business | The Observer

on January 27, 2008

Get link
Facebook
Twitter
Pinterest
Email
Other Apps

As America crash lands, the world looks east | Business | The Observer

america business china finance

Get link
Facebook
Twitter
Pinterest
Email
Other Apps

Comments

Popular Posts

According to the WSJ with data from Beer Marketers Insights, Craft beer volumes are now outselling Budweiser (the full fat version only, Light beers still more popular). Has the US finally recovered from the Prohibition? The New Republic thanks Jimmy Carter, while Business Insider talks about a bubble. But what a huge change as this, as craft beers hit the mainstream increasingly over the last decade. Delicious! What other consumer products so core to the American experience have seen this degree of change in taste? Budweiser may finally try to do something beyond Bud Light fruit flavorings, but it's going to take a long time to re-establish why it should be King. Budweiser Ditches the Clydesdales for Jay-Z - WSJ : Tripp Mickle. GREENSBORO, N.C.—The wall behind the bar at Jake’s Billiards has 69 taps offering beer choices that range from California’s Lagunitas Fusion 22 to Natty Greene ’s Buckshot, which is brewed across town.

Yahoo - turning around or just a shell for Alibaba?

Yahoo just announced its results for the first quarter of 2014. The shares jumped up 7% or so, not quite to the heights at the end of 2013, but close. At first glance it looks like Marissa Mayer is coming up to 2 years at Yahoo with signs of some operational improvement, perhaps even the long waited turn around. But then I came across this article in the Atlantic: How Is Yahoo So Worthless? - Derek Thompson - The Atlantic The argument is that Yahoo shares have doubled over 2 years because of the increasing value of their share in Alibaba and Yahoo Japan. Now, there can be a lot of discussion on how to correctly value the interest in these assets. Wall Street certainly seem very excited about the potential value of Alibaba, and Yahoo is the only way to play it. However, there are likely complex tax implications once the IPO happens, expected in Q3 this year, so the valuation in the chart above is perhaps inflated. However, perception and belief play a larger role in financial

The end of 2% inflation?

The end of an era? A really interesting long term perspective in the Economist , suggesting that this is the end of the 2% inflation target, and that there are good reasons to move to 3-4%. I imagine though that this still requires some painful readjustment in the next few years to higher interest rates for home buyers and businesses. Of course, higher inflation could help cushion that adjustment in nominal terms, but many will likely feel increasingly the pinch of managing to keep up with higher payments while incomes and profits probably take longer to adjust. "One immediate fear is of a blow-up, as a financial system that has become habituated to low rates wakes up to the soaring cost of borrowing." Perhaps not in the public banks, but in the dark pools and private investment landscape. If the Musk Twitter transaction actually closes, watching the performance of that debt will be indicative. "In a big shift from the 2010s, a structural rise in government spending an

Powered by Blogger