Tactical Update

By |2012-03-25T21:07:08-04:00March 25th, 2012|Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Real Estate, Stocks, Taxes/Fiscal Policy|

This week, one particular article sparked an intense internal dialogue about some of the global economic realities that have us concerned.  The article is from Peking University’s Professor Michael Pettis.  Prof. Pettis opines that Chinese citizens would rather save than spend and that Japan, who has recently run a current account deficit, would prefer to run a surplus. In China, [...]