To Read the Complete Commentary or Blog, Click on "Read Comments" November 18Standard & Poor’s Upgrades Brazil’s Sovereign DebtIn a great sign of confidence in Brazil’s booming economy, Standard & Poor’s has become the third ratings agency this year to upgrade Brazil’s sovereign debt. Standard & Poor’s joined the other major rating agencies, Fitch and Moody’s who also raised Brazil’s local currency and foreign credit ratings this year. This is a major [...]8:41 AM GMT | Read comments(0)November 12Tom Friedman’s Comments on India in the New York TimesTom Friedman’s comments on India in the New York Times: The world hit seven billion people last week, and I think I met half of them on the road from New Delhi to Agra here in India. They were on foot, on bicycle, on motor scooters. They were in pickups, dented cars and crammed into [...]11:31 AM GMT | Read comments(0)November 04Barton Biggs: China Bears and “Wise Guys” Are In For a Rude AwakeningAs investors have become focused on Europe and Europe’s financial problems, China and its continuing economic miracle has dropped from media and investor attention. Valuations of Chinese companies listed outside the United States have declined, and investing in Chinese Chinese equities has declined in popularity. Famed investor Barton Biggs of Traxis Investors recently was quoted [...]7:18 PM GMT | Read comments(0)August 31Mongolia’s Erdenes Tavan Tolgoi Plans Simultaneous IPO in Hong Kong, London and UlaanbaatarAn announcement was made that Monogolia’s Erdenes Tavan Tolgoi mining company will be proceeding with its initial public offering “IPO” in 2011 with the objective of raising $2 to $3 billion. The company intends to go public with a simultaneous IPO in London, Hong Kong and Ulaanbaatar. The company’s decision to also list in Ulaanbaatar [...]6:17 AM GMT | Read comments(0)August 28China Daily: “Experts Urge China to Trim U.S. T-Bond Holdings”Sometimes one can get a different perspective on China-U.S. relations from China Daily, a government controlled English publication than one can find reported on in the United States. As a follow-up to Vice President Joe Biden’s trip to China, the China Daily reported: Zhu Chao, assistant dean of the School of Finance at the Capital [...]7:33 PM GMT | Read comments(1)August 07Thomas Friedman in Today’s New York Times: Win Together or Lose TogetherI’m waiting for the market to open in Asia tonight, the first trading day after the Friday night downgrade of America’s debt by S&P. If Sunday’s open of trading on Israel’s Tel Aviv Stock Exchange is any indication, Monday will more than likely not be a pleasant day for equities in the U.S. and Europe. Today, [...]9:01 AM GMT | Read comments(0)August 06The American Dream is no Longer the American Dream, but Now the Chinese Dream, the Brazilian Dream and the Dream of Entrepreneurs in Other Big Emerging EconomiesIt’s really sad to have watched the relatively fast decline of the U.S. since 2008. There is no question that President Obama inherited an economic and financial disaster. But, it’s clear that he has turned the disaster into a catastrophe. Obama’s anti-capitalism agenda, coupled with a dysfunctional Washington has now resulted in the S&P downgrade. [...]8:19 AM GMT | Read comments(0)July 17U.S. Entrepreneurs Increasingly Are Turning to Foreign Markets to Go PublicOf the U.S. companies that went public in the United States in 2010, almost 10%, or ten companies turned to foreign markets. This is a very disturbing trend in that only two American companies went public outside the United States from 1991 through 1999, and only 75 companies chose foreign stock markets from 2000 through 2009. Information [...]2:26 PM GMT | Read comments(0)July 08Investor Interest Returns to Chinese Companies Traded in the U.S.Yesterday could be seen as a turning point for smaller cap Chinese companies whose shares trade in the United States. The two biggest gainers on Nasdaq were two Chinese companies, China Auto Logistics Inc. (CALI), and ChinaNet Online Holdings Inc. (CNET). The huge increase in the shares of these two Chinese companies is very significant. [...]7:53 AM GMT | Read comments(0)June 21Leave it to the U.S. Regulators to Create More Confusion and UncertaintyMany of us had thought that the sale of “certain assets” of the OTC BB owned by the U.S. reguator, FINRA (Financial Industry Regulatory Authority) to the financial services firm, Rodman & Renshaw, would have been completed months ag0, and we couldn’t figure out what was holding things up. Many of us believed that for [...]8:38 AM GMT | Read comments(0)
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November 18Standard & Poor’s Upgrades Brazil’s Sovereign DebtIn a great sign of confidence in Brazil’s booming economy, Standard & Poor’s has become the third ratings agency this year to upgrade Brazil’s sovereign debt. Standard & Poor’s joined the other major rating agencies, Fitch and Moody’s who also raised Brazil’s local currency and foreign credit ratings this year. This is a major [...]8:41 AM GMT | Read comments(0)November 12Tom Friedman’s Comments on India in the New York TimesTom Friedman’s comments on India in the New York Times: The world hit seven billion people last week, and I think I met half of them on the road from New Delhi to Agra here in India. They were on foot, on bicycle, on motor scooters. They were in pickups, dented cars and crammed into [...]11:31 AM GMT | Read comments(0)November 04Barton Biggs: China Bears and “Wise Guys” Are In For a Rude AwakeningAs investors have become focused on Europe and Europe’s financial problems, China and its continuing economic miracle has dropped from media and investor attention. Valuations of Chinese companies listed outside the United States have declined, and investing in Chinese Chinese equities has declined in popularity. Famed investor Barton Biggs of Traxis Investors recently was quoted [...]7:18 PM GMT | Read comments(0)August 31Mongolia’s Erdenes Tavan Tolgoi Plans Simultaneous IPO in Hong Kong, London and UlaanbaatarAn announcement was made that Monogolia’s Erdenes Tavan Tolgoi mining company will be proceeding with its initial public offering “IPO” in 2011 with the objective of raising $2 to $3 billion. The company intends to go public with a simultaneous IPO in London, Hong Kong and Ulaanbaatar. The company’s decision to also list in Ulaanbaatar [...]6:17 AM GMT | Read comments(0)August 28China Daily: “Experts Urge China to Trim U.S. T-Bond Holdings”Sometimes one can get a different perspective on China-U.S. relations from China Daily, a government controlled English publication than one can find reported on in the United States. As a follow-up to Vice President Joe Biden’s trip to China, the China Daily reported: Zhu Chao, assistant dean of the School of Finance at the Capital [...]7:33 PM GMT | Read comments(1)August 07Thomas Friedman in Today’s New York Times: Win Together or Lose TogetherI’m waiting for the market to open in Asia tonight, the first trading day after the Friday night downgrade of America’s debt by S&P. If Sunday’s open of trading on Israel’s Tel Aviv Stock Exchange is any indication, Monday will more than likely not be a pleasant day for equities in the U.S. and Europe. Today, [...]9:01 AM GMT | Read comments(0)August 06The American Dream is no Longer the American Dream, but Now the Chinese Dream, the Brazilian Dream and the Dream of Entrepreneurs in Other Big Emerging EconomiesIt’s really sad to have watched the relatively fast decline of the U.S. since 2008. There is no question that President Obama inherited an economic and financial disaster. But, it’s clear that he has turned the disaster into a catastrophe. Obama’s anti-capitalism agenda, coupled with a dysfunctional Washington has now resulted in the S&P downgrade. [...]8:19 AM GMT | Read comments(0)July 17U.S. Entrepreneurs Increasingly Are Turning to Foreign Markets to Go PublicOf the U.S. companies that went public in the United States in 2010, almost 10%, or ten companies turned to foreign markets. This is a very disturbing trend in that only two American companies went public outside the United States from 1991 through 1999, and only 75 companies chose foreign stock markets from 2000 through 2009. Information [...]2:26 PM GMT | Read comments(0)July 08Investor Interest Returns to Chinese Companies Traded in the U.S.Yesterday could be seen as a turning point for smaller cap Chinese companies whose shares trade in the United States. The two biggest gainers on Nasdaq were two Chinese companies, China Auto Logistics Inc. (CALI), and ChinaNet Online Holdings Inc. (CNET). The huge increase in the shares of these two Chinese companies is very significant. [...]7:53 AM GMT | Read comments(0)June 21Leave it to the U.S. Regulators to Create More Confusion and UncertaintyMany of us had thought that the sale of “certain assets” of the OTC BB owned by the U.S. reguator, FINRA (Financial Industry Regulatory Authority) to the financial services firm, Rodman & Renshaw, would have been completed months ag0, and we couldn’t figure out what was holding things up. Many of us believed that for [...]8:38 AM GMT | Read comments(0)