Economy & Markets' Weekly Digest

The Weekly Digest Harry is off to Australia for a few weeks, on some speaking engagements, but he’ll still show up in your Economy & Markets inbox three days each week, including the Friday video rants. This week, Harry had immigration and Wall Street on the mind. Meanwhile, Rodney’s attention centered around the holiday spending and the economy, both here and over in China. By the way, if you haven’t already, click here to register for Adam O’Dell’s free webinar on Tuesday, November 19th, at 1 PM ET. He’ll go into detail about one of his favorite timing strategies that’s been handing investors unbelievable profits, including returns of 331% over the last seven years! You don’t want to miss this! VISIT ECONOMY & MARKETS » This Week in Economy & Markets... The Meaning of All This Chaos I'm on my way to Australia today. Well, I left yesterday, but travel takes so long from Puerto Rico that it'll take me at least two days to get there. (And I don't mess with trying to comprehend the international date line until I've landed!) Anyway, I'm going to Australia for some speaking engagements, as... The Crazy Card Worth Carrying Shanghai Pudong Development Bank recently sold $7 billion in convertible bonds. As usual, the bank took orders for the bonds ahead of time, and then allocated the bonds among potential buyers. What made the sale notable is that investors put in orders for more than $1 trillion worth of bonds, or 140 times what Shanghai... The Best Immigrants I love to ask people who they think are the highest-earning ethnic or immigrant group. They almost always guess Japanese or Chinese… But those guesses are not even close. It's the Indians. Look at this chart of median household income… the average numbers would be even more skewed. The median U.S. household income is $63,179.... Get In the Holiday Spirit I peruse at least two newspapers, three blogs, and one financial news program before breakfast. Once I get the official workday underway, I dive deeper into research on the Fed, consumer spending, or whatever happens to be the topic du jour. Using my knowledge, I write mostly about economic trends and work to bring you... Economy & Markets  |  Dent Research You are receiving this e-mail as a part of your free subscription to Economy & Markets E-Letter. Remove your email from this list: Unsubscribe. To cancel by mail or for any other subscription issues, write us at: Charles Street Research Attn: Member Services, 819 North Charles Street, Baltimore MD, 21201 | Phone: 888-211-2215 | Fax: 410-223-2682 LEGAL NOTICE: Protected by copyright laws of the United States and international treaties. This e-letter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the worldwide web), in whole or in part, is strictly prohibited without the express written permission of Charles Street Research. This work is based on SEC filings, current events, interviews, corporate press releases and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The information herein is not intended to be personal legal or investment recommendations and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Click here to view our privacy policy.