Young Research & Publishing Inc.

Investment Research Since 1978

Disclosure – Please click here to read the full disclosure.

  • About Us
    • Contributors
    • Archives
    • Dick Young’s Safe America
    • The Final Richard C. Young’s Intelligence Report
    • You’ve Read The Last Issue of Intelligence Report, Now What?
    • Dick Young’s Research Key: Anecdotal Evidence Gathering
    • Crisis at Vanguard
  • Investment Analysis
    • Bonds
    • Currencies and Gold
    • Dividend Investing
    • ETFs & Funds
    • Investment Strategy
    • Retirement Investing
    • Stocks
    • The Efficient Frontier
  • Investment Counsel
  • Retirement Compounders®
  • Free Email Signup

From Alan Abelson’s Always Informative Barron’s Column:

September 10, 2010 By Jeremy Jones, CFA

Let’s Hear It for Bad Estimates – Alan Abelson, Barron’s
“China, it turns out, doesn’t report gross-domestic-product data as most everyone else does. It announces a growth rate, but neglects to supply a quarterly breakdown of real demand. Absent such vital information, it’s tough to get a grip on whether growth is healthily widespread or dependent on a handful of sectors…As Ben (we trust Mr. Simpfendorfer won’t mind the informality) notes, “in the case of China, there is risk the country is spending too much on building highways and factories, resulting in overcapacity and bad debts.”…China’s domestic demand furnishes less support to the global economy than commonly believed (not least by a lot of economists). No argument that imports have surged over the past decade, but the devil is in the details, which he forthrightly proceeds to provide. To wit:…Roughly a third of imports are ticketed for “re-export.” By way of example, Chinese factories buy semiconductors and motherboards from producers in Singapore and Taiwan, assemble them into notebook personal computers and ship the finished goods to the U.S. and Europe.”

Share this:

  • Email
  • Twitter
  • Facebook

  • Author
  • Recent Posts
Jeremy Jones, CFA
Jeremy Jones, CFA, CFP® is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. CNBC has ranked Richard C. Young & Co., Ltd. as one of the Top 100 Financial Advisors in the nation (2019-2022) Disclosure. Jeremy is also a contributing editor of youngresearch.com.
Latest posts by Jeremy Jones, CFA (see all)
  • Money Market Assets Hit Record High: $5.4 Trillion - May 26, 2023
  • The Mania in AI Stocks Has Arrived - May 25, 2023
  • The Wisdom of Sam Zell - May 24, 2023

Search Young Research

Most Popular

  • Starving for Fixed Income? I Can Help
  • June Is Retirement Compounders Month
  • ALLIGATOR MARKET: Calm Surface Hides Danger Below
  • Vanguard Wellesley (VWINX) vs. Wellington (VWELX): Which Fund is Best?
  • CBDCs Not “Just Another Form of Money”
  • What's Hiding In the London Metals Exchange Warehouses?
  • End of ESG?
  • China Increases Its Gold Reserves for Seventh Month Straight
  • Successful Investing Is a Mindset
  • Young’s Retirement Compounders

Don’t Miss

Default Risk Among the Many Concerns with Annuities

Risk and Reward: An Efficient Frontier

How to be a Billionaire: Proven Strategies from the Titans of Wealth

Cryptocosm and Life After Google

Warning: Avoid Mutual Fund Year End Distributions

Is Gold a Good Long-term Investment?

How to Invest in Gold

Vanguard Wellington (VWELX): The Original Balanced Fund

What is the Best Gold ETF for Investing and Trading?

Procter & Gamble (PG) Stock: The Only True Dividend King

The Dividend King of the North

You’ll Love This if You’re Dreaming of an Active Retirement Life

The Importance of a Balanced Portfolio

Invest with Peace of Mind and Comfort

What Kind of Life Are You Investing For?

RSS The Latest at Richardcyoung.com

  • Smoke Gets in Your Eyes
  • Investing Mistakes to Avoid: #10 Picked Off First
  • Carlson Urges America: “Cling to Your Taboos!”
  • TRUMP INDICTED: President Releases Video Defending Innocence
  • Oh Canada: Wildfires at a Blistering Pace
  • RAGE Gauge June: Remember When You Were A Kid and Money Was Free?
  • What Do You Know About Vanguard’s Wellesley Income Fund?
  • CRUMBLING EMPIRE: Major Hotel Flees San Francisco as City Suffers
  • MUSIC IN DANGER: Is This the Worst Use for AI?
  • Crushing the Heretics

RSS The Latest at Yoursurvivalguy.com

  • Investing Mistakes to Avoid: #10 Picked Off First
  • HOUSING CRISIS: California Could Face Mortgage Default Tsunami
  • Why Is Biden Sacrificing Mining Dominance to the Chinese?
  • RAGE Gauge June: Remember When You Were A Kid and Money Was Free?
  • Your Retirement Life: Striped Bass Fishing off Block Island
  • Artificial Intelligence or Four-Year Olds?
  • Forbes Global 2000: The Bigger They Are, the Harder They Fall?
  • Starving for Fixed Income? I Can Help
  • SUPER STATE RISING? This State Is Doing All the Right Things
  • End of ESG?

About Us

  • About Young Research
  • Archives
  • Contributors

Our Partners

  • Richard C. Young & Co.
  • Richardcyoung.com

Copyright © 2023 | Terms & Conditions

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.