Southridge Capital looks at China. China is having a housing boom, as evident with Beijing’s real estate market up 71% over last year. As we have learned the hard way in the US, that growth rate is ultimately not sustainable and a correction against that type of price increase is painful. The GDP [...]
Southridge Capital is encouraged by the increase in spending by Households in January (most recent numbers available) compared to spending in December 2009. In December 2009, the personal saving rate was 4.2%; January it was down to 3.3%. Who’s benefiting from this spending? We looked at the ten industries that are tracked [...]
We are excited to see consumer goods doing well, with automotive sales up year to date (YTD) almost 30% and auto parts up over 19%. Consumer Electronics YTD are up over 25% – we are optimistic that this number could go up with the sale on the new 3-D televisions and the new iPAD [...]
Southridge Capital looks at all the foreign news, and thinks United States is holding its own. Greece is having problems as its walking away from the European rescue plan, citing rates that it believes are too high; Germany and its counterparts want confirmation of the so called “spending cuts” if the rescue plan was [...]
Southridge Capital is tracking where the United States is positioned in relation to the 50 countries in economic indicators measured by Trading Economics, a Global Economics Research firm.
When it comes to GDP, statistics show that Russia trails the list with a -8.9%, and the leading country is the UAE with a 23.2% GDP rate. The [...]