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September 5, 2014, Vol. 32, No. 17

So long then, Cristina Fernandez de Kirchner

Inflation. price controls, capital controls and expropriation, do, ultimately, bear fruit in the shape of collapsed asset values. The Argentine opportunity is the subject at hand.

Ebola, ISIS, deflation

Two of the above-captioned perils exist in fact. The third is a phantom.

Narcolepsy blues

Sky-high margins, ultra-low tax rates and blisteringly fast sales growth are the historical facts surrounding a certain pharmaceuticals business. Falling margins, a rising tax rate and decelerating sales growth prove to be the prospective salient features.

Three amigos

That we love ‘em and leave ‘em—our long ideas, that is—is a longstanding criticism of the management of these pages. Hence the following “where are they now?” analyses of a trio of Grant’s names.

Cutting out the middle man

New Chinese credit flows in May and June jumped by 51%, year-over-year. The People’s Bank twice cut reserve requirements for smaller banks in April and June. Yet the world’s second-largest economy sputters.

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