Jim Rogers : Bonds never go down

Jim Rogers : Indian equities not cheap

In a recent interview with ET Now (India economic Times www.economictimes.indiatimes.com ) dated 10 Aug 2010 Investment guru Jim Rogers from Singapore spoke about a variety of topics including the bonds bubble , the financial reform agricultural commodities and the Indian equities among others....
Jim Rogers :"Bonds never go down. Bonds have been going up in the United States for about 30 years now. There have been a few corrections but very few, and yields in the United States are very, very low on any historic basis anywhere in the world. This is just not normal. The government bonds yield this little and especially in a country which is the largest debtor nation in the history of the world and with gigantic amounts of bonds yet to come. In my view too, there is going to be much more inflation which will cause yields to go higher and higher. I am not sure about bonds yet, have not been for long time, but I see a bubble building. Eventually, I hope I am small enough to sell them short."

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BNP Paribas bullish on China, underweight on India

Recently BNP Paribas raised China's stocks to overweight from neutral, while downgrading India stocks from overweight to underweight. Citing explanations for the revised grading, Clive Mcdonnell, Head of Equity Strategy at BNP Paribas, says that the key concern is India's higher exposure to Europe, which is still not out of the crisis.

China now second largest economy

China has overtaken Japan to become the world's second-largest economy after three decades of rapid growth, a top Chinese official has announced.

"China, in fact, is now already the world's second-largest economy," China's chief currency regulator Yi Gang said in an interview with the latest issue of the China Reform magazine.
The World Bank predicts that China will surpass the United States as the world's largest economy sometime around 2025.

On a similar note , a new report released earlier last March by the United Nations Industrial Development Organization (UNIDO) said that China has overtaken Japan to become the world's second largest industrial manufacturer.

China trade surplus hits $28 Billion

China's trade surplus soared last month to its highest level in a year and a half, according to government data released Tuesday that pointed to possible trade frictions with the United States.