The second quarter results from Xinyuan (XIN) sound good. Table 1 summarizes data from CFO Liu’s statement at the earnings call. Sales are up. Area sales are up but not by as much (possibly because a greater portion of …
Donald Trump has argued that China has “cheated” in international trade. His solution – levy a 45% tariff on their imports. This is nonsense. Trump does not understand.
Political candidates say things are bad now. And media ratings jump whenever they can find a disaster to feature. The reality is quite different.
Where does your wine really come from? Hard to tell. Don’t believe everything the label says….
Uncertainty surrounds the outcome of the non-binding Brexit vote. This piece lists the uncertainties and draws limited conclusions based on what we know to date.