The way I see it now, the market is being influenced by highly suspicious, yet unlikely, circumstances. Putin and Moscow are flexing their muscles in the areas surrounding the Ukraine. Will history repeat itself again with Putin taking over more of the Ukraine, like he did in Crimea? Or is it a hoax that Putin created?
Putin and Xi Jinping have been dancing closer and closer to each other on the world’s Geo-political stage. Not only have they negotiated deals on gas and vowed cooperation with a common link of currencies, but they have also held major joint military exercises.
The idea that Xi Ji Ping is looking to turn China back to the Mao Tse Tung model is farfetched. Indeed, there have been an array of “crackdowns” on certain company behemoths in China- such as Didi, Alibaba, etc. However, even with the “tighter restrictions” and Xi’s wish to “further turn China into a Socialist state,” the developing market of China will not allow for too extreme of a control when it comes to the overall monetary flow.
China has been experiencing a rash of internal and external challenges. At first the challenges have been manageable but now we can see that these issues are affecting the future of China Inc. Most certainly in the short term but now it seems China is making a fundamental shift to what I think is an… Read more »
Sudan For a few minutes, it looked as though there was a chance for Sudan to transition from one of the world’s worst trouble spots to a democratic government. Long term leader Omar al-Bashir was forced from office, his piles of loot seized, and a transitional council set up. But two months later, it is… Read more »
03/20/19 I have returned from my trip to Hong Kong. The 13 hour time difference resulted in a prolonged adjustment—when I was there in the 80’s, I was in my twenties and more flexible with these changes! Now in my sixties, I am still adjusting after a week. Hong Kong was every bit as exciting… Read more »
2/24/19 I will be returning to Hong Kong in 3 weeks. This is the culmination of a 30 plus year Odyssey of getting clients and making connections. But most significantly, I want to experience first hand what has happened in the years since 1997, when Hong Kong transitioned from a British colony to a part… Read more »