Fructivore Investments

A brewing crisis is befalling the American financial landscape in the form of a proposed SEC rule that will allow publicly traded companies to switch from quarterly to semiannual reporting. This is exactly as bad as it sounds. And I say this not as a reflexive neophobe, but because of the risk that it will […]

In case you haven’t noticed, China runs a substantial trade surplus with the world and the United States in particular, and its foreign reserves come to $3.3 trillion dollars equivalent, and just under $1 trillion US. Actually, the US holding has declined slightly from its record, partly from diversification and partly from interest rates going […]