Ackman on HKD in September
So back on Sept 15 2011 Ackman gave a presentation outlining his thesis on the future of the Hong Kong Dollar entertaining a couple of different scenarios but overall arguing that Hong Kong was a perfect economy aside from the inflation caused in large part by the peg to the U.S. dollar. Morgan Stanley Responded last week in their Global Economic Forum, and Ackman did not mention last week on CNBC more below.
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50% of the worlds GDP is having political transition this year, but Eurasia Group‘s Ian Bremmer says this year political transition won’t be that significant, but the headlines leading up to that transition could cause a bumpy ride for one another. The largest rhetorical claim in the report issued the first week of the year is that the 9/11 era is done. Politics and financial markets are probably more correlated this year than ever before, so if this report ever did matter its this year.
Check out the live map of the 2012 Iowa Caucus here
Prime Minster Manmohan Singh, the about-as-libertarian-as-a-bureaucrat-can-get Congress party backed financial savior who pushed opening Indian markets in the the 1980s to shet the shackles of the broke-dead Keynsian Nehruvian policies, just put out probably his best press release of the new year.
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Zero hedge responded to Bloomberg’s Nov. 16th article on Jim O’Neil’s 2012 predictions by scathing the BRIC naming economist…
Safe to say they are not huge fans…
