Via RealInvestmentAdvice.com,
Baupost Group’s Seth Klarman laid out his concerns with the market in a recent client letter...
“Risk, Klarman wrote, is the most important consideration when investing, and investors are being too trusting.
Authored by Doug Bandow via The National Interest,
Three decades ago the People’s Republic of China was an economic backwater. Today the PRC sports the world’s second-largest economy. Shanghai most dramatically illustrates the country’s transformation. The city is filled with stylish office buildings, five-star hotels, luxury stores and foreign visitors.
Keeping track of people legally entering and leaving the United States is a formidable task. Nevertheless, the Department of Homeland Security (DHS) has released figures on people who overstay their visas and other legal forms of admissions. Total overstays for 2016 stood at close to 740,000 people, of which up to 630,000 were suspected to still be in the country.
You will find more statistics at Statista
Authored by Michael Snyder via The Economic Collapse blog,
After eight long, bitter years under Obama, will things go better for entrepreneurs and small businesses now that Donald Trump is in the White House?
Last week, BofA's HY credit strategist Michael Contopoulos, laid out a list of the four things that keep him up at night, which included:
1. Zombie Companies And Massive, Rising Student Debt Loads
2. Sliding Used Car Prices, Rising Delinquencies And Subprime Defaults
3. Declining Loan Growth, Lack of commodity rebound and tighter balance sheet
4. Lack of Investment, No Small Business Creation And No Earnings growth
(there was more in the full article)