Pathlight Investors’ Top Recommended Reads - July 2014

  • Posted on: 9 December 2015
  • By: admin

Ready for some more great articles?  Here's our picks for July 2014:  


Congress is very focused on the mid-terms and prob. won’t accomplish much in the coming months.  The GOP increasingly thinks it is just months away from recapturing control of the Senate.  The Hill    


Inversion scrutiny – data from the Congressional Research Service showed that 47 US firms have reincorporated overseas over the last 10 years and another 12 such deals in the pipeline.  WSJ   


Trucking industry can’t find enough workers; the WSJ discusses how certain industries can’t find enough employees and the trucking sector in particular is experiencing an acute problem.  “Businesses with openings across the pay and education spectrum are struggling to hire house cleaners, registered nurses, engineers, software developers and other workers. Employers say suitable candidates aren't raising their hands and individuals who do apply lack the right skills and experience”.  If this mismatch persists, wage pressures will increase.  WSJ.   


US companies are conducting more business in yuan, looking to secure a cost advantage over US$ transactions – WSJ    


Washington internet surveillance – the Washington Post discusses how the NSA captured information and communications from more innocent individuals than they did specific targets.  90% of account holders found in a large cache of interceptions were not the intended surveillance targets according to a Washington Post study.   


China remarks suggest the country is comfortable w/decelerating growth (this was out Wed morning); China’s finance minister said the 7.5% GDP target for ’14 “wasn’t a floor” – WSJ   


China rate/FX reform plan on track; the head of China’s PBOC said the country remained on track to liberalize interest rates within the next two years.  WSJ.  


China property market – a developer bought a plot of land in Shanghai and paid what is thought to have been a record-high price per square meter – WSJ   


And On A Lighter Note…