Riding Through Volatile Times

Sunday, August 14th, 2011  |  Time Sensitive

In his full article, Chris comments on the recent fall in stock markets despite the widespread understanding that global growth will slow down. He feels that this is mainly sentiment-driven. However, he believes that reduced spending and strong corporate earnings in the US, increased industrial production in Japan, and determination to support financial stability and growth in the Eurozone, will help to support global growth. More importantly, Chris fears that many people are falling slave to money, and, particularly in Asia, have been over-confident with their money, pushing property and car prices too high, and taking on too much debt. He feels that adopting an attitude of contentment – which is to strive for what really matters and accept that certain things cannot or need not be had – is a sure way to release oneself from the shackles of money.