Money and Finance
- Gmo White Paper: Feeding The Dragon: Why China's Credit System Looks Vulnerable - By Edward Chancellor And Mike Monnelly
The conventional view is that China’s economy has recently experienced a "soft landing" and is now poised for take-off. In this white paper, GMO’s Edward Chancellor and Mike Monnelly tell a rather different story, namely that the Chinese credit system...
- Bear Investor Says 'i Have Been Too Bullish'
Albert Edwards, a global strategist at Societe Generale well known for his bearish stance, said late Monday he has got it wrong and that he has been too bullish. “I have long believed that a lost economic decade was an inevitable consequence of the...
- The Absolute Return Letter - November 2010: Four Rather Sick Patients
For a world which continues to be on life support – in the form of unsustainably large fiscal stimulus and near zero interest rates – policy makers are fast running out of options. One of the options left is quantitative easing and rumours are rife...
- Reflections On The Sovereign Debt Crisis - By Edward Chancellor
In this white paper, Edward Chancellor, a member of GMO's Asset Allocation team, provides his thoughts on sovereign debt. Specific questions he addresses in the paper include: Why in the past have governments defaulted on their debts? When have deeply...
- China's Red Flags - By Edward Chancellor
Edward Chancellor, a member of GMO's Asset Allocation team, takes an in-depth look at today's China. He begins with a section on Identifying Speculative Manias and Financial Crises and follows with an analysis as to whether The China Dream is...
Money and Finance
After Tohoku: Do Investors Face Another Lost Decade from Japan? - By Edward Chancellor
In this white paper, Edward Chancellor, a member of GMO's Asset Allocation team, explores the question as to whether Japan will provide yet another decade of disappointing results to investors given not only the recent natural disaster there, but also in light of the historical perceptions (and misperceptions) commonly held about this important market. His focus is on demographics, deficits, deflation, and corporate decline.
- Gmo White Paper: Feeding The Dragon: Why China's Credit System Looks Vulnerable - By Edward Chancellor And Mike Monnelly
The conventional view is that China’s economy has recently experienced a "soft landing" and is now poised for take-off. In this white paper, GMO’s Edward Chancellor and Mike Monnelly tell a rather different story, namely that the Chinese credit system...
- Bear Investor Says 'i Have Been Too Bullish'
Albert Edwards, a global strategist at Societe Generale well known for his bearish stance, said late Monday he has got it wrong and that he has been too bullish. “I have long believed that a lost economic decade was an inevitable consequence of the...
- The Absolute Return Letter - November 2010: Four Rather Sick Patients
For a world which continues to be on life support – in the form of unsustainably large fiscal stimulus and near zero interest rates – policy makers are fast running out of options. One of the options left is quantitative easing and rumours are rife...
- Reflections On The Sovereign Debt Crisis - By Edward Chancellor
In this white paper, Edward Chancellor, a member of GMO's Asset Allocation team, provides his thoughts on sovereign debt. Specific questions he addresses in the paper include: Why in the past have governments defaulted on their debts? When have deeply...
- China's Red Flags - By Edward Chancellor
Edward Chancellor, a member of GMO's Asset Allocation team, takes an in-depth look at today's China. He begins with a section on Identifying Speculative Manias and Financial Crises and follows with an analysis as to whether The China Dream is...