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India’s Budget: Going Beyond The 2% Who Own Shares

By John Richardson

ANYBODY who invests in the Indian stock market might well regard today as a buying opportunity ahead of tomorrow’s announcement of India’s latest budget.

Or, of course, it might be an opportunity to go short if you …

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“Bad Deflation” Set To Dominate Global Economy

By John Richardson

THERE has been a great deal of discussion lately about the differences between “good” and “bad deflation”.

Good deflation, we are told, includes the fall in oil prices that has put more money in the pockets of …

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China Peak Steel And Chemicals Demand May Have Arrived

By John Richardson

EVERYONE involved in the iron ore business must be very worried about the recent speech by the new chairman of the China Iron & Steel Association.

“Under the ‘new normal’ China’s iron and steel consumption has already …

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Please Plan Now For A Yuan Devaluation

By John Richardson

IF YOU haven’t already planned for the possibility of a substantial drop in the value of China’s Yuan then you have no more time to lose.

I suggest every chemicals company that finds itself in this situation …

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China After The Lunar New Year: Your Five-Point Guide

By John Richardson

HERE is a five-point guide to what will happen in China after the Lunar New Year is over (most of China will be only holiday from 18-24 February):…

The People’s Bank of China (PBOC) now seems almost

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China January Data Concludes The Debate

By John Richardson

THE latest data from China further underlines what I have been arguing since early last year – that it is at the centre of a Great Unwinding that will have deep and lasting global economic consequences.

Here …

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India’s Search For A New Growth Model

By John Richardson

THE great news is that China is moving towards a new, and potentially very effective, economic growth model.

Can we say the same for India?

The reason why I pose this question is because, since Narendra Modi …

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Australia: This Is No Way To Run A Country

By John Richardson

TONY Abbott has survived an attempt to remove him as Australia’s Prime Minister.

Do you really think this will bring to an end the political instability that has resulted in four changes in PM since 2007? This …

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A Perfect World? If Only It Were So

By John Richardson

IN A perfect world everything always turns out for the best in the end.

And so quite a few people who argued that high oil prices were good for the global economy, as they said that expensive …

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China’s Damage Limitation: The Reserve Requirement Cut

By John Richardson

DAMAGE limitation is the motive behind China’s decision cut its reserve requirement  ratio (RRR) by 0.5% to 19.5%.

(The RRR is the amount of money that banks have to set aside against this lending, and so the …

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