Saturday, August 3, 2013
Japan's Inflation
Over at one of the blogs I follow on Japan, they put out a piece today looking at the inflation numbers for that country that were released on July 26th. Much was made about the +0.2% increase YoY (the first such increase in many months), signalling perhaps that Abenomics is getting its desired result. But, digging into the numbers a bit, if you back out energy and food, the number becomes -0.2% - in other words, the inflation that is happening is more of the cost push variety (i.e., the weaker yen is causing manufacturing costs to go up) rather than demand pull (i.e., consumers are becoming more active). They want the latter, which is somehow considered the good type because it implies higher wages, but are setting themselves up for a whole lot of the former, which correlates to stagflation or something worse.
Broken Money
The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...
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Are when the contrarian should think about buying. And so I tried. Some AUY LEAPS (filled) and a small mining services company that I like...
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I came across this really interesting chart regarding 2013 and 2014 EPS forecasts by region and globally. Note the very pronounced move fr...
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Apropos the book that I just finished, I re-visited an interview from September with Kyle Bass, where he examines many of the same themes ...