Real estate is the world’s biggest single asset class. Typically, property accounts for two-thirds of the tangible capital stock in almost every nation’s economy
In a recent video conference lecture, Ex-Vice (and still wannabe) President Al Gore said; “in the next 40 years, there will be more building than in the previous 3,000 years.” In this of course he saw great environmental risks. Global financiers on the other hand should see huge opportunities. When most of the world’s 3.54 […]
Twenty years ago, writing in his seminal work, ‘The Alchemy of Finance,’ George Soros, probably the world’s most famous (or to some, infamous) speculator, was at pains to point out that markets are not efficient
US Treasury Secretary, Hank Paulson, a former CEO of Goldman Sachs, today confronts an American financial services industry in decline
The early spring market correction of the Shanghai Stock Exchange sent a shiver round world markets. And some people started pondering the unthinkable; could the relentless China growth story be the great illusion of our age?
After a record long period of low inflation and high profitability, the world economy is awash with cheap capital
First came outsourcing. Companies put out to competitive tender within national boundaries, everything but their core business activities, like catering, security and human resources. Then we had offshoring
Without a doubt, 2007 has shaped up to be a tough year; near record oil prices, the sub-prime crisis and a dollar in freefall. That 2008 at first glance promises more of the same is hardly encouraging. But money will continue to be made and lost in 2008