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Li Yapeng has revealed that the partners are his two friends, one of whom is still a foreigner. But Faye Wong is also said to have a joint stock, about 1/4, VIPROOM membership system, and non members are not allowed to enter, so as to ensure that guests will not be harassed by ca...
While quite a few lenders make use of these scores in their lending decisions, every lender will employ its own strategy, which includes the risk level it deems as acceptable for a particular credit product. There’s no one cutoff score which all lenders use. Also, there are quite a few ...
We’re in very confusing times economically, one’s where the loony ideas of media personalities (think stock market TV/radio, as well as the internet) are taken as the truth …and move stocks. How to deal with this? The most straightforward stance for equity investors is to have holdings...
1.focus on healthy countries.Stable, foreigner-friendly, government is the first requirement (leaving out places like Venezuela). Ideally, the government budget should be balanced, or close to it. The stock of government debt, as a percentage of GDP, should not be rising rapidly. The country...
The Topix index tripled between 1985 and the end of 1989, with the currency gain lifting the US$-denominated result to 6x. As time passed and all the reasonable stocks had gone up a lot in price, and encouraged by ultra-low rates, the Tokyo market took on a more and more speculative...
My tentative view of 2024 is that it will start out as a sideways year for stocks. My guess is that themes like changes in the global auto industry will be important, as will poking through the rubble of stocks/sectors pounded into the ground this year. 2024 may also be the first time...
As of Monday’s close, for example, the FTSE 100 and the US S&P 500 had both taken a 3-4% hit. That was the worst two days for US stocks since last August. European markets were hit twice as badly. Again, because the pound fell so precipitously versus most other currencies1the valu...
Typically in close to half-century I’ve been watching financial markets, the period from early September through early October has been a weak one for US stocks. That’s because trading is dominated by mutual fund selling in advance of book closing at the end of their October fiscal year....
Stocks almost always take a zig-zag path toward their ultimate goal. So day-to-day volatility is a fact of life. In particular, stocks that have gone up a lot tend to have periods where some investors decide to take profits–and the stock goes down. Similarly, stocks that have been goi...