Tag Archives: China

China Notes from the Yum! Brands Earnings Call

Posted on October 5, 2011 by macromon

Today’s Yum! Brands’ earnings conference call was dominated by China.  Management talked a lot about commodity inflation running around 8 percent and 20% labor inflation, which they do not yet see abating.   This doesn’t square with the August official inflation … Continue reading →

Posted in Black Swan Watch, China, Commodities | Tagged , , , | Leave a comment

Gold Dispensing ATMs Arrive in China

Posted on October 1, 2011 by macromon

Here’s something the Chinese can celebrate on their National Day, the celebration of the 62nd year of the communist party’s rise to power.  These machines are made in Germany and  illustrate the growing influence of China as a destination of … Continue reading →

Posted in BRICs, China, Gold | Tagged , | Leave a comment

Third Macro Panda Huffs and Puffs…

Posted on September 29, 2011 by macromon

Over the weekend we posted a piece on the three McBears weighing on global markets.  As all eyes continue to focus on Europe the third macro bear — China — is beginning to growl a little louder.   Greece is no … Continue reading →

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Problems in China’s Financial Sector Escalate

Posted on September 27, 2011 by macromon

(click here if video is not observable)

Posted in China, Monetary Policy | Tagged , , | Leave a comment

Disintermediation in China’s Banking System

Posted on September 26, 2011 by macromon

The consequences of negative real interest rates and financial repression.   We know how this story ends.   Keep this one on your radar. (click here if video is not observable)

Posted in Black Swan Watch, China, Credit, Inflation/Deflation, Monetary Policy, Real Estate | Tagged , , | Leave a comment

Week in Review: Gold and the Three McBears

Posted on September 25, 2011 by macromon

What a week.  The China/Asia slowdown worries came full force onto the radar screen with the collapse of copper and the Hang Seng.  We put more stock in these real time indicators than the official data coming out of officialdom. … Continue reading →

Posted in Week in Review | Tagged , , , , , , | 2 Comments

Each U.S Citizen Owes $3,719 to China and $475 to Russia

Posted on September 24, 2011 by macromon

Created by: MBA Online (click here if chart is not observable)

Posted in Black Swan Watch, BRICs, Budget Deficit, China, Sovereign Debt, Sovereign Risk | Tagged , , , | Leave a comment

Angry Birds in China

Posted on September 16, 2011 by macromon

(click here if video is not observable)

Posted in China, General Interest | Tagged , | Leave a comment

Is the U.S. Becoming Japan?

Posted on September 12, 2011 by macromon

As Treasury bond yields tumble to record lows we’re hearing lots of talk the U.S. is following the economic trajectory of Japan.  Not so fast!   Take a look at the following chart. After 990 days trading days from peaking, … Continue reading →

Posted in Black Swan Watch, Bonds, Budget Deficit, Equities, Fiscal Policy, Global Stock Performance, Sovereign Debt | Tagged , , , , , , | Leave a comment

PBOC Adviser Urges Central Bank to Diversify Reserves

Posted on August 10, 2011 by macromon

We find this Bloomberg piece very interesting.  Maybe this is where some of the panic buying in gold is coming from.  We’ve been pounding the table on this trade.  See here and here. Bloomberg writes, China should urgently assess risks … Continue reading →

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