When the China joined the World Trade Organization in 2001, an up-and-coming economy soon became an economic powerhouse with dynamic 6-10% plus growth in GDP year after year. The Chinese stock markets became the market of choice for many foreign investors to take their money for great, and sometimes outsized, returns. For sundry reasons this […]
IS NOW THE RIGHT TIME TO INVEST IN CHINA: PART III Read More »
In the last several weeks a few regional banks in the U.S. have made headlines by facing a financial crisis. What has not yet made headlines are the number of other banks in the system that have major issues. All in all, it appears that the banking system is sound, but to what extent has
THE EXTENT OF THE LATEST BANKING TURMOIL Read More »
Owning your own home in this country has long been thought of as the American Dream. Home ownership at any affordable cost has been the aspiration of American families since colonial times. It meant lots of hard work and sacrifice, and a long-standing debt that required monthly payments. It’s often the largest single investment an
HOME OWNERSHIP…IN CHINA Read More »
Much of the Western United States has been in the throes of a serious drought that has been carrying on for nearly six years. Las Vegas, Nevada, resides in the middle of the desert, and gets most of its water from Lake Mead and the Colorado River. But Lake Mead’s water supply is shared with
HOW LAS VEGAS DEALS WITH ITS WATER PROBLEMS Read More »
The era of easy money is coming to an end thanks to a combination of geopolitical events that have spurred a wild rush of inflation. Central banks in many parts of the world are already beginning, or are set to begin, tightening cycles, designed to quash this inflation. The demand for housing has held up
COULD THERE SOON BE ANOTHER GLOBAL HOUSING CRISIS? Read More »
For quite some time Zillow.com has served as a one-stop site to manage a real estate buy, sell, or rent transaction. By visiting the website, anyone can find all manner of properties for sale or rent. They even maintain an inventory of residences in dozens of cities throughout the country for the purposes of making
THE END OF ZILLOW’S HOUSE I-BUYING BUSINESS Read More »
It should come as no surprise that railroads played a crucial part of the economic growth of the western United States, especially in the second half of the nineteenth century and the first half of the twentieth. Railroads carried passengers, cargo, and mail, back and forth from midwestern departure points to the west coast. The
THE SANTA FE RAILROAD’S IMPACT ON GROWTH IN AMERICA Read More »
There was a time when millions of office workers throughout the U.S. would commute each workday morning from home to an office building for work. Along came the Covid pandemic which changed everything. To maintain social distancing offices were closed, and office workers worked remotely from workstations at home. As the pandemic winds down, will
THE FUTURE OF THE DOWNTOWN OFFICE BUILDING Read More »