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Why Google Trends, Golf Courses & Coffee Shops are Good Economic Indicators
Saturday, June 18, 2011 - 11:21am | 532Economists are known to use market indicators, extensive financial forecasts, and the previous work of other economists to support their judgement of an economy's prospects. This economist will briefly assess the economy based on the popular Google (NASDAQ: GOOG) Trends website. For those not...
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Not Long on eLong
Wednesday, November 24, 2010 - 5:30am | 407As mentioned in the previous article, we believe there'll be substantial headwind to China' travel industry in the short term. While eLong Inc. (NASDAQ: LONG) reported splendid revenue growth (42% from same quarter of last year) and income growth (104% from same quarter of last year), we believe...
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China's Travel Headwind for Investors
Wednesday, November 17, 2010 - 5:24am | 499For those who follow the asian sports world, they might know that the Asian Games are currently underway in GuangZhou, China. This event marks the 2nd epic international event in China this year, right after the World Expo, which began on May 1st, and ended on October 31st. Like the Olympics in...
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Rome, The “City of Seven Hills"
Monday, December 28, 2009 - 2:35pm | 152Rome, the “City of Seven Hills,” is situated on River Tiber. Once the capital of the mighty Roman Empire, the “Eternal City” continues to be the administrative centre of the Italian government. The weather is pleasant throughout the year except in August, when many shops are closed as the natives...