Tuesday, 31 January 2012

Daily Reads

Another edition...

  • Hong Kong Housing Prices Continue to Drop
    • As expected, the Asia property prices for places like Hong Kong (and China and Singapore as well) continue to drop.  The bubble it was in for several years was a bit delayed vs the western countries but it was inevitable as valuations were significantly higher than historical trends.
  • Japan Corporations Cutting Outlook
    • As mentioned on the last edition, the Yen is not sustainable at its current level if Japanese companies are to be competitive.  Its not a question of whether Japan needs a devaluation, its a question of how and whether the Japanese government is capable of doing it.
  • Case Shiller Index Shows House Prices Continue To Drop
    • While indicators show the market is no longer accelerating, the market is still yet to fully turn around.  Has it been lounging around in the bottom?  Maybe.
  • Last Year's Laggards Are This Year's Heroes
    • Last year's poor performers (hello financials) have outperformed this month so far.  Lets see if they can keep this up.

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