Category: China
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Bianco Predicts…
The Magnificent Seven stocks (FANG stocks, plus Tesla, Microsoft, and Nvidia) have contributed significantly to the overall market gains. Bianco attributes their success to the hype around artificial intelligence and the rollout of new technologies. However, he also notes that the performance of the other 493 stocks in the S&P 500 has been less impressive,…
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Top 15 Economies
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Big Bank President?
He suggests that the country’s lackluster economic growth can be attributed to shortcomings in areas such as immigration, taxation, mortgages, affordable housing, and healthcare. Dimon also discusses the need for better education and expanding the Earned Income Tax Credit as a form of industrial policy to improve social outcomes. While Dimon acknowledges his interest in…
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Kyle Bass
Kyle Bass, founder of Hayman Capital and one of the few to benefit from the 2008 mortgage crisis, warns of the concerning military capabilities of China and argues that American investors played a role in building their war machine. He points out that China now has more naval ships than the U.S. Navy and believes…
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Famine
Initially, it was believed that famine was becoming extinct due to technological advancements, economic growth, and global humanitarian efforts. However, the 2011 famine in Somalia, which resulted in the deaths of 260,000 people, proved this notion wrong. Since then, there have been more famines declared in Africa, as well as several near misses. The COVID-19…
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Rubenstein on Real Estate
David Rubenstein, co-founder and co-chairman of Carlyle Group, believes that the biggest investment opportunity over the next 2 to 3 years lies in the discounted real estate debt market, specifically in large commercial office buildings in major cities. Rubenstein acknowledges the challenges facing some cities, such as public relations issues and declining real estate prices,…
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6/20/23
https://media.licdn.com/dms/document/media/D4E10AQF0toTR_Tk9rA/ads-document-pdf-analyzed/0/1685027405027?e=1687798800&v=beta&t=xqj18k5NlsNOegEgJXFmm9uRJ1e1vac8jAPUp0YopdE Surprise Surprise…PIMCO likes bonds “moving away from a “TINA” world(where “there is no alternative” to equities) to one in whichbonds look cheap relative to equities. Now, bonds also appearattractive due to the current stage of the economic cycle… We maintain our underweight in equities and take a cautiousapproach, with a focus on low-leverage and…
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Dalio’s World
Ray Dalio and Thomas Friedman discuss China’s Confucianism way of thinking and how it affects China’s foreign policy. China views itself as a family and its country as an extended family. Confucianism is a top-down, hierarchical philosophy based on strict parenting. They focus on mutual respect between those who are more powerful and those who…