China has a voracious appetite for commodities, which means it has a tremendous appetite for shipping to carry those commodities. In a Communist twist on Say's Law, demand creates its own supply. Since there is a long lead time in ship building, shipping rates are very volatile.
In this video, the FT's Jonathan Wheatley interviews shipping industry expert, Dinesh Sharma, a senior consultant at Drewry Maritime Advisors, about the boom and bust business. Jonathan Wheatley is the FT's deputy emerging markets editor.
In Mammon Among Friends, Malcolm C. Harris, Sr. provides commentary and news about the national economy, the Wichita economy, the world of finance, and utility & postal economics. Experiences such as a utility commission staff manager, forecasting postal volumes and revenues, consulting on utility regulation, and teaching corporate finance have shaped his analysis.
Monday, December 10, 2012
A Top European Fund Manager Is Bullish On European stocks
Britta Weidenbach is the portfolio manager for large European equities at DWS Investments. Weidenbach says the timing is right to go back into European stocks in this interview with the FT on December 4th. She sees a selective approach delivering total returns of around 12 per cent next year. Now DWS is even bullish on some European banks.
Frau Weidenback explains her portfolio's organization, approach, and performance:
Frau Weidenback explains her portfolio's organization, approach, and performance: