Monday, February 24, 2014

The real umemployment rate is

Watch the interview to listen to Mr Gary Shilling's full commentary on Bloomberg

Tuesday, February 18, 2014

Volatility can be a friend of a strong market

Watch Gary Shilling talk on Bloomberg USA news. Click on the above play button.

Wednesday, February 5, 2014

Is South Korea developing or developed economy

South Korean economy fits between the rich countries of Europe, the U.S. and Japan and the developing countries. Still, because of its heavy dependence on exports (56 percent of GDP), it resembles emerging markets in a world where export-led growth is no longer a winning game. The economy’s dominance by the chaebol conglomerates (82 percent of GDP) is also more typical of developing than mature economies.

Monday, February 3, 2014

Gary Shilling likes South Korean investments

Chronic government surpluses and low debt are advantages for South Korea, however. So, too, are huge foreign exchange reserves built up from years of current-account surpluses. It ranks 34th out of 177 countries for economic freedom. Other pluses include the highly educated workforce, a robust work ethic and solid banks.

That is why South Korea should be near the top of the list for investors interested in developing/semi-developed country markets.