More by the Same Author
2012-07-27 Who is Muhammad Lee? by John Scott of Saturna Capital
Who is this Muhammad Lee? (So named, as these are the most common first and last names in the world.)1,2 Where is he from? How many brothers and sisters will Muhammad Lee have in the future? What are the implications of his arrival for U.S. investors?
2011-08-19 Who Will Take Over China's Role as the World's Factory Floor? by John Scott of Saturna Capital
As China moves up through the economic chain by outsourcing many of its low-cost, low-value-added consumer goods to places like Vietnam and Indonesia and begins producing more value-added products, it is highly likely that prices of these intermediate consumer goods will fall. We anticipate that the price levels of basic consumer goods in the West will likely rise in the future, but they will be offset by a decline in the price levels of mid-tier consumer goods. This will benefit the middle and upper-middle income segments of our population at the expense of low-income households.