Recent Posts

Millennials’ real estate FOMO goes haywire

Here’s a word to add to your investing vocabulary: Dungers. The term for dilapidated, crumbling houses comes from New Zealand, which is in the grip of a striking property boom. The country topped Bloomberg Economics’ risk radar in June for being the most unaffordable housing market in the world. Judging by the dunger that sold for NZ$1.8 million ($1.3 million) ...

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Will America’s woke wars be Britain’s too?

“I had to get out of America. It has gotten so ugly, so dark and my pessimism had grown so high that I needed to do something different.” That’s how pollster Frank Luntz, currently a visiting fellow at the Center for Policy Studies, explained his decision to spend a summer in Britain studying the political landscape. Brexit aside, Britain may ...

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Nike shares lose out to its Chinese sneaker competitors

Bloomberg A wave of patriotic buying fuelled by the Xinjiang cotton controversy is helping shares of Chinese sportswear makers outperform global peers. Chinese consumer support in response to the alleged human-rights issues in Xinjiang region has boosted at least one local sneaker maker by some 250% since the controversy escalated in late March. A Bloomberg gauge of Hong Kong-listed apparel ...

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