View Elliott R. Morss' Articles BY TICKER:
Xinyuan Real Estate: What The 4th Quarter Report Tell Us
- XIN is a Chinese real estate company listed on the NYSE.
- It gets considerable attention because its price is much lower than its financials suggest it should be.
- Its fourth quarter results have just come out. This article explains what they mean.
Xinyuan Real Estate: What To Look For Going Forward
- Much has been speculated about Xinyuan.
- We should learn more this Friday when it provides the results of its 2014 fourth quarter.
- This article highlights what to look for.
Argentina In The Post-Kirchner Era: There Is Hope
- The Kirchners came to power in 2003 and since then, they have done a lot to destroy the Argentine economy.
- The good news is that they failed and the "lady" cannot run again when elections are held this October.
- The article details what they did and what the new President should do to turn things around.
Tiger Woods And Investment Gurus Lose Their 'Touch', Question: Do They Ever Get It Back?
- What do golf and investing have in common?
- The great performers have their ups and downs.
- These ups and downs of golfer Woods are compared with those of two investment gurus.
The Eurozone Is Doomed: Why ECB Bond Purchases And The Greek Election Don't Matter
- The ECB has launched a major bond buying program.
- Greek elections will change its government.
- No matter. The Eurozone is doomed.
The Economic Impact Of Lower Oil Prices On Leading Exporting Countries
- There has been lots of talk about the benefits of lower oil prices.
- Less has been said about the economic impact of lower prices on the major oil exporters.
- This piece looks at what the economic impact of lower prices will have on the exporters.
Wine Buyers, Sellers, And Grape Growers: What The Future Holds
- While the US market is large, it should hold little appeal for foreign vintners not already well established in it.
- Non-grape growing “urban vintners” will take a growing share of the market by purchasing bulk and blending it.
- The urban vintners will need to come up with new marketing categories as they buy less well-known varietals from all over the world.
- The “fashion market” for wine is doing well. And it will be perpetuated as the growing middle classes of Asia and soon Africa will want “fashion” wines.
- Distributors are extremely important in selling wines overseas. But distributors cannot be relied upon to market a vintner’s wines.
Recent News From Xinyuan Real Estate Not Good, But...
- The latest quarterly report from XIN was not good.
- Several new problems emerged.
- Things should improve next year.
The 'Safest' Countries In The World
- In 2013, I wrote a piece on the most dangerous regions in the world.
- In this article, I update what I concluded and add a section of the safest countries in the world.
- The investment implications of my findings are spelled out.
Xinyuan Real Estate - The Real Story
- Xinyuan has not fared well over the last few months. Its stock price has fallen by more than 25%.
- There have been numerous articles written about Xinyuan, some good, some bad. But none have them have gone into much detail.
- The article provides a detailed examination of the company.
Geithner Redux: More Will Be Learned From Starr International Co., Inc. V. United States, Case No. 11-00779
- Do you remember Geithner and Paulson insisting that AIG pay banks 100 cents on the dollar on insurance claims?
- And do you remember that was done after AIG executives said they thought they could get banks to settle for 60 cents on the dollar?
- The Starr lawsuit against the US government for excessive penalties against AIG should provide some interesting new information on exactly what happened and why.
In The Eurozone, What Goes Around Comes Around, Even For Germany
- Some journalists are bullish on the Eurozone: "We are starting to see growth".
- Take care - the Eurozone should not be viewed as a single entity. It is made up of 18 very different economies.
- The article looks at each country separately and offers investment advice.
The Criminal Acts Of Large Banks: Are Substantial Fines/Penalties Enough?
- Since the banking collapse in 2008 leading to the global depression, fines, penalties and settlements levied on banks for criminal acts have increased.
- Will these growing costs be enough to deter banks from future criminal activity?
- These issues are addressed along with some thoughts for anyone considering bank stock purchases.
Do Popular Investment Writers Outperform The Market?
Aug. 22, 2014 • 2 Comments
- In his Ph.D. thesis, Paul Samuelson argued the market does a pretty good job of pricing stocks.
- But are there some people who recommend stocks that regularly outperform the market?
- This question is addressed by examining the performance of five of the most popular Seeking Alpha's writers.
Burgeoning Global Capital Flows Mean Traditional Stock Market And Currency Norms No Longer Apply
- Global capital flows are growing.
- So much so that the net of these flows are often greater than a country's international trade balance.
- The implications of these growing capital flows for investors are discussed in the article.
Global Communications And The Net Neutrality Debate
- In future weeks, the FCC will make some important decisions on how the Internet operates.
- To understand the issues, it is important to know how the global communications system operates.
- The article provides important information on the working of the communication industry along with some investment recommendations.
Sovereign Debt: The Default Debate
- Argentina and Greece are trying to handle debt defaults.
- Sovereign debt defaults are not like private bankruptcies and there is no "process" in place to handle them.
- What both countries have done is described along with commentary on their strategies.
Don't Cry For Kirchner - And 2 Defaults Compared: Argentina And Greece
- Argentina is a rich country with bad policies.
- It has a sticky debt problem.
- Elections are coming in 2015 and things might improve.
U.S. Energy: Myths/Realities And The 2 Elephants In The Room
- How Significant Are Oil and Natural Gas Supplies That Can Be Recovered Via Fracking?.
- Has US Oil Dependency Fallen in Recent Years?.
- Are Green Energy Supplies Contributing Significantly in the US?.
- Facts Are Used To Address These Issues.
Things Are Looking Up For The Eurozone? Looking At The Aggregate Is A Mistake
- We often talk of the Eurozone as a single entity. A mistake.
- The Eurozone is a grouping of disparate nations using the Euro.
- Below, the economic condition of each country is examined. They are then placed in one of five categories.
Income Inequality: The Fundamental Reason It Is Growing
- Income inequality is growing in the US and other countries.
- Many explanations are being offered, including what Piketty suggested in his new book.
- But most miss the main reason - new information technologies are eliminating large segments of middle class jobs.
Why Ukraine Is Not Quite As Dangerous As The Cuban Missile Crisis, But...
- All the ingredients are in place for a major conflagration: Two world powers pitted against one another with no apparent face-saving exit for either. It won’t happen. But...
- Putin will send troops into Ukraine to “safeguard” Russian-speaking citizens.
- Even if Putin is somehow satisfied, his actions might have launched a civil war in Ukraine.
- Even if Ukraine gets beyond Putin and civil war dangers, the IMF agreement will cause hardship and again threaten political stability.
Gambling - Asia And The U.S. Are 2 Different Worlds
- Asian gambling is growing rapidly.
- The most prevalent type of gambling differs significantly by region.
- US gambling demand appears to have plateaued, with the consequence that casinos are increasingly catering to families rather than gamblers.
For Retail And Newspapers: Growing Online Revenues Are Key
- Buying online is increasingly attractive to consumers.
- Retailers and newspapers are the same: survival will require significant online revenue streams.
- There will be winners and losers from the “online transition.”.
- Western Financial Support For Ukraine: What Can Be Learned From The Bailout Of Greece
- Who Are The Big Investors? What Do They Buy?
- Reasons The FCC Should Block The Comcast/TW Merger
- Investing In 2014: How About The Philippines?
- Investing In 2014: How About Asia?
- Dodd-Frank (With Volcker Rule) Being Implemented: Are We Safe From Another Bank Meltdown?
- The Tapering Of Quantitative Easing: What It Will Mean
- JPMorgan Revisited: When Is Fraud Really Fraud?