Water buffalo fights may indicate rise of the Chinese consumer
Any economic data from China is always suspect. But reports of richer purses at water buffalo fights could be considered — wait for it… a bullish indicator for the Chinese consumer.
Tag Archives: NKE
Why smartphones will prevail
Who prevails over all others is not necessarily the fastest, the strongest or even the most intelligent; but the most flexible. This is why companies with a strong presence in the smartphone market such as China Mobile (CHL, quote), Apple (AAPL, quote) and Samsung (SSNLF, quote) are in powerful positions.
Best of the Wednesday web
Some observers are welcoming China’s shrinking trade surplus as a sign the country is finally rebalancing its economy to move away from export dependence and consume more imports. But China’s imbalances have actually worsened.
Trading the Globe: how to trade China
Between the latest rare earth news and lingering dismay over shifting trade balances, China is at the center of every trader’s world right now. We talked about it today on Trading the Globe.
In Olympics year, expect Nike to swoosh!
Nike (NKE, quote) is taking full advantage of Olympic hype, and began showing off their summer athletic gear yesterday. The U.S. basketball team’s “Nike Hyper Elite Uniform” was unveiled via Twitter, with Nike proudly announcing it was made of “96% recycled polyester.”
Trading the Globe: Top Emerging Markets Plays
A three-day rally has traders wondering whether the emerging markets are safe to dive in again. We lay out both sides of the argument on today’s installment of Trading the Globe.
NKE shows emerging consumers are still buying
Exposure to the growing consumer class of the emerging world is well bid everywhere on the planet, as Nike’s spectacular afternoon shows us.
