Browsing All posts tagged under »Gross domestic product«

The Bizarre Nature of The Chinese Real Estate Construction Boom

April 11, 2011

3

China, as we all know, is a booming economy, having experienced GDP growth of above 6% per annum for each of the last 20 years. ¬†The conventional wisdom is that this growth has been driven by the low-value manufacturing exports (mainly of consumer goods) that have been sold to the West. ¬†However, the data tells […]

Why Equity Market Performance is Independent of Economic Growth

September 7, 2010

0

During my regular intake of business and finance news stories, I have recently come across many pieces that talk about the increased likelihood of a double-dip recession (which may well be correct) and thereafter use this evidence as a reason to be bearish on stocks (with which I disagree). Just last week, the editor of […]