Free Republic

The bull market in stocks continues, but to hear various exponents of the bearish persuasion talk, you'd think the party was ending right now. At least that's the impression I get reading some of their weekly rants on various Internet sites. A reader recently directed me to a web site that features the commentary of the distinguished Dr. John Hussman, who runs the Hussman series of mutual funds. Hussman publishes a weekly commentary on various market-related issues on his web site. In a recent commentary published on the Hussman Funds web site he asked the question, "How Much Do Interest...

  Asia-Pacific China July trade surplus hits record $14.6bn BEIJING (Reuters) - Aug 10, 2006 China's trade surplus set a record in July for the third month in a row, the government said on Thursday, underscoring growing concerns among policy makers about China's economic imbalances. The customs administration said the surplus rose to $14.6 billion from $10.4 billion in July 2005.Economists polled by Reuters had expected the surplus to be unchanged from June's $14.5 billion.Cheng Manjiang, an economist with Bank of China International in Beijing, said the surplus may peak this quarter, especially if the government makes good on...