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Hennessy Japan Fund’s letter to shareholders for the period ended October 31, 2014. Dear Shareholder: As I look back at 2014, I realize that in this age of rapidly evolving technology, information is delivered and absorbed so quickly that it […]
In his letter to investors for the first quarter of fiscal 2013, Mark Yusko, chief investment officer and CEO of Morgan Creek Capital Management shared his opinion on the current situation of the market and his outlook. Morgan Creek currently […]
Japanese equities plummeted on May 23, with the rate of decline reaching 6.9% (Figure 1). The causes of the plunge are not absolutely certain, but Citi thinks that many investors sensed an opportunity to take profits for now, as since […]
Japanese Equities or specifically the TOPIX lost 6.9% on May 23 amid concern about China’s economic outlook. Prior to the sharp drop, the market had been rising at an extraordinary pace (, partly because Japanese stocks have been undervalued. By […]
China’s manufacturing activity contracted in May for the first time since October 2012, raising concerns that growth in Asia’s largest economy is slowing. A preliminary survey by HSBC Holdings plc (NYSE:HBC) (LON:HSBA) showed that new orders declined this month, and […]