Forbes (October 4)
“The bulls charging through Shanghai are beginning to look over their shoulders. Gaining on them is economic reality.” The 30% surge in equities since hitting their September low may be “overdone. The problem is an underlying economy facing intensifying headwinds. And one failing to keep pace with the sudden surge in investor optimism toward China.”
Tags: 30% surge, Bulls, Economic reality, Economy, Equities, Headwinds, Investor optimism, Overdone, September low, Shanghai, Underlying
Wall Street Journal (November 21, 2013)
Prime Minister Shinzo Abe helped his plans to achieve economic revival “by abandoning Tokyo’s 2009 pledge to reduce the country’s carbon emissions by 25% from 1990 levels by 2020.” With the reduction in nuclear power, the old targets had been looking increasingly unattainable. “Japan is not going to become the Worst Polluter in the World as a result of this announcement. Instead, it will be a country that is striking a smarter balance between the uncertainty of global-warming predictions and current economic reality.”
Tags: Balance, CO2 emissions, Economic reality, Global warming, Japan, Nuclear power, Shinzo Abe, Targets, Uncertainty
