I’ve written before about planning early for a healthy and prosperous retirement, and in that vein, here is a simple tip to boost your retirement savings and to ensure you live within your means.
The World Bank’s top economist, Kaushik Basu, is worried about China’s reliance on credit to fuel growth. He said last week that eventually credit will catch up with it: “We’ve seen that in the U.S.… Read more
One concept I’ve slowly learnt from business is that contrary to the commonly held wisdom, people who make the opening offer in a negotiation have the upper hand.
I’m currently looking for a house, overseas. And when I come to view places, typically there is a price indicated. Although I may disagree with it, that price certainly puts a value perception in my mind about the house.… Read more
Societe Generale is out with its famous quarterly black swan chart.
Black swan events are those that have a low probability of occurring, but also have the potential to roil financial markets if they occur.
With a 30% probability, a Chinese hard landing (four straight quarters of below 5% growth) poses the most significant downside risk, according to SocGen.
They think the likely triggers will be domestic issues.… Read more
Here’s a quick review of what’s currently impacting oil pricing.
The violence in Iraq continues as radical Islamist militants from the Islamic State of Iraq and the Levant (ISIL) try to seize more territory in the northern part of the country. Iraq is the second largest oil producer in OPEC (after Saudi Arabia) and the conflict is likely to affect production in the region.… Read more