Word: themes
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...Beijing may have good reason to apply the brakes. In frothy markets, investors tend to form unrealistic expectations about companies' prospects because they buy into an ill-founded theme, whether it be consumer demand for tulip bulbs or, in this case, the notion that China's economic growth is boundless. David Webb, an independent investor based in Hong Kong, says that's what's happening with many China stocks. "Once you get past the hubbub, the fundamentals behind these prices just aren't there," Webb says...
Each year, the World Economic Forum chooses a theme for its annual meeting in Davos...
...proves). Plus, there's now celeb spotting, even if it is of a peculiarly Davos kind - by which I mean that nobody misses Sharon Stone or Brangelina, but delegates get quite excited if a session has not one but two Nobel economics laureates in the audience. What was that theme again? Who knows: let's catch another panel on the implications of climate change for business...
Demography As Destiny Everyone arrived in Davos ready to talk about climate change, and plenty did. But for me, another meta-theme - much less evident on the formal program - kept cropping up in interesting ways. That was the idea that, as population continues to grow in Asia, Africa and the Middle East, even as the population in Europe stagnates at best, so huge and unpredictable political and economic power swings may follow. Certainly, the Indians present - this was the second year running that they provided a huge contingent, and threw some of the best parties, too - had the sort...
...could get him a good set,” Fitz said. “The middle hitter has always been the strongest part of our team, so our success is going to be linked to expanding Brady in the middle.” The match was one with a theme, as all three games opened with the two teams trading sideouts. And in each, Springfield found a way to string together a few points to take a big lead. “At the start of each of the games, we were neck-and-neck, maybe one or two points...