Word: tsunami
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...stake in Barclays are the most high-profile foreign investments China has made since the oil firm CNOOC tried and failed to buy U.S. oil company Unocal in 2005. Says Jing Ulrich, JPMorgan's Hong Kong--based head of China equities: "China has a wall of money--a tsunami, really--that is about to hit the rest of the world. In terms of global capital markets, there is just nothing happening that's bigger than this right now." Indeed, JPMorgan figures that if China boosts its national savings 10% a year--a "conservative" estimate, it says--and only...
...Bernardino shot up 987% to 1,489 in the second quarter. In Riverside they jumped 793% to 2,509. That stock will soon be competing with a 13-month supply of unsold inventory that's already on the market. Santoro is braced for the worst. "There's a tsunami coming and we're going to get slammed," he says. And while economics is always local, economic nervousness can go national - even global - in a matter of hours, as recent financial events have shown...
...stake in Barclays are the most high-profile foreign investments China has made since the oil firm CNOOC tried and failed to buy U.S. oil company Unocal in 2005. Says Jing Ulrich, JPMorgan's Hong Kong-based head of China equities: "China has a wall of money - a tsunami, really - that is about to hit the rest of the world. In terms of global capital markets, there is just nothing happening that's bigger than this right now." Indeed, JPMorgan figures that if China boosts its national savings by 10% a year - a "conservative" estimate, it says - and only...
French conservatives completed their electoral sweep of power Sunday night with a a decisive victory in second round legislative polling but fell significantly short of the "tsunami" that had been expected to lift President Nicolas Sarkozy and his Union for a Popular Majority (UMP) a to a record majority in parliament. The Socialist Party (PS) blunted Sarkozy's expected tidal wave victory with a better than expected showing. Still, with conservatives dominating the presidency, legislature and government - and given Sarkozy's promise to swiftly push through sweeping reform - there's little doubt French society will soon will be prodded...
...Capturing the Penguins-- that goes behind the scenes in a Hawaiian surfing contest to expose the romance, dirty deals and ultimate triumph of the underbird. Shia LaBeouf voices the little hero. Jeff Bridges, as the kid's mentor, reprises his Dude character from The Big Lebowski. Not a comedy tsunami, just consistent ripples of laughs and good vibes...