Wednesday, October 29, 2008

USAToday,Investor's BusDaily and WSJ,Oct.29, 2008

USA Today Oct.29,08 page 11A: A campaign of history: The 2008 presidential contest will go down as one of the most interesting, and most important races(two interpretations of 'races" if or when detected) of at least the past half century. Why? Major crisis,compelling debates, and strong - indeed, historic candidates.
Page lB: Measures of consumer confidence hits lowest point. Report does not bode well for holiday spending as per New York-based Conference Board's Consumer Research Center. GDP would be affected from the consumption sector i.e.2/3rd of GDP.

Investor's Business Daily page A5: Hard learning curve in teaching English to Chinese students. Industry executive see a huge growth opportunity that can be recession-proof. According to San Francisco-based research with Signal Hill Capital Partner: The market for teaching Chinese student,including adults,the English language is expected to reach 3.3 billion in 2009. Teaching English in China is fun as I taught in Hong Kong as a Fulbright Senior Scholar,1989-1990 and as an American Expert in Guangzhou,1992-1993 and in Beijing,1993-1996.

Wall Street Journal, Oct.29, 2008 page A3: Economists search for end of woes,turning to home vacancy rates and foreign stock market. I would search for job prospects as an important indicator of the trend of the economy.
Page A11: Russia sets pipeline deal with China for economic cooperation. Reference for American interest apropos of Sino-American Economics.

Page A17 Most Presidents ignore the Constitution by the senior judicial analyst at the Fox News. Senator Obama challenged the constitutionality of equality as the sequel of my prior blog. To me,taking an oath to uphold the Constitution should be honored without reservation.
Page A18: Former President Clinton starts Asian Charity Forum in Hong Kong, December 1-2, 2008. Reason: Global economy and the West and the East are One in one world. Page B6A Japanese cosmetics maker Shiseido leans more on China for bright spots with growing demand. Such is savvy decision in the name of globalization of economics for US reference in the 21st century. Ladies would look beautifully spiffy with cosmetics everywhere. Nobody would impugn,indeed.

Francis Shieh a.k.a. Xie Shihao, an octogenarian observer of economic globalization for Sino-American Economics.

October 29, 2008 at 2.50 p.m.

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