If you find that you overspent this festive season, you are not alone. Despite being touted as the biggest savings nation in the world, even the Chinese are proving to be as in love with spending as the rest of us.
Tag - China
Global macro indicators are currently strong, with a clear cyclical recovery underway in most regions of the world. Expectations are high for a continuation of this economic strength, which is currently underpinning risk assets.
An asynchronous global economic recovery in 2016 is what's predicted by Sanisha Packirisamy (Economist) and Herman van Papendorp (Head of macro research) of MMI Holdings.
The most recent market turmoil should come as no surprise, given that there has been an all too large disconnect between the underlying weak global economic environment and the valuations attached to equities.
David Leslie, MD of Belmont Asset Management in Cape Town, takes a look out how the slowdown of China‘s economy could affect investors in South Africa. China enjoyed average growth rates of in excess of 10% for the first eight years of the millennium, but growth rates have since slowed to a more sustainable 7 to 8%. From 2000 to 2008...
The so-called US Federal Reserve “taper tantrum,” fear of a credit crunch in China, and hot spots of unrest dotting the globe contributed to a sense of market panic that swept both stocks and bonds in June. One thing’s for certain: volatility hasn’t taken a vacation. Contrarian investor Dr. Michael Hasenstab, co-director of Franklin Templeton’s...