Mario Cavolo

  • Home
  • Click Here to See Client Recommendations, Photo Gallery & Video Library
  • Introduction to Mario's Market and China Advisory Monthly Subscription Newsletter
  • Mario Cavolo's History, Client Testimonials and Experience As An Advisor, Coach, Author, Speaker and Event Host
  • Contact
  • Log in

Join Mario and Mike Chinoy, former CNN Senior Correspondent For Our Next Media/Communication Training, Oct 18th, Langham Hotel, Shanghai

Since returning to Shanghai late Spring this year, I've fallen in love with the impeccably restored Langham Hotel, one of 1920s Shanghai's magnificent Art Deco buildings, and now one of the city's poshest boutique hotels, very nearby People's Square. This includes hosting our private monthly executive advisory lunch sessions at the Langham each month. Check out the Langham link at the bottom for some great photos.

Considering Mike Chinoy's two decades of service as CNN's Hong Kong and Beijing Bureau Chief,talk of business surrounded by nostalgic Shanghai is the right lead-in to proudly introduce Mike as our newest strategic partner and co-trainer for our media training and communication skills workshop on October 18th at the Langham. Mike is currently the Asia Managing Director for News Certified Exchange, an organization which trains and certifies professionals to be included in their powerful resource database of media-ready experts for journalists. As well, I am pleased to be included in that database as the media industry grapples with change and needs new ways to access knowledgeable experts on China who are also media-savvy.

More About Mike Chinoy

As Vice President and Managing Director for Asia, veteran correspondent Mike Chinoy oversees all business development and certification operations in the region. Mike spent over two decades with CNN, serving as the network's Hong Kong and Beijing Bureau Chief and its Senior Asia Correspondent. Mike is also a Senior Fellow at the US-China Institute at the University of Southern California and authored the book Meltdown: The Inside Story of the North Korean Nuclear Crisis.

About the Media Training Workshop, Langham Hotel, October 18th, 2010

Limited to only three individuals per session, participants will spend a separate half-day session with both experts. For example, the morning session with Mike and the afternoon session with Mario. The content of both sessions will cover the broad theme of expertise and strategic communication with the media

Mr. Cavolo’s session will focus more on detailed scripting and phrases; deep awareness, control and design of all related speech delivery to the media and in other executive/leadership situations.

The session with Mr. Chinoy will focus more on the nature of the newsgathering process, how to prepare for interviews, tips for effective interaction with reporters, and specific pointers for developing a strong presence in front of a camera, including the opportunity to videotape a “practice” interview.

With attendance limited to six, please don't hesitate if you are interested to attend; Contact KBC China's event coordinator, Harry Wong at harryw@kbcchina.com for additional information. The fee for this media training workshop is USD $3000 per person including video and follow-up.

"Critical Communication Skills For Executives" Four seats still left for this event on Sept 16-17th with myself and guest Daniel Smith. If you are an established or rising executive and your interest is critical, detailed communication and behavior skills, without the need to focus on media training, then join us at the Langham on Sept 16-17th "Critical Communication Skills For Executives" with superb guest trainer Daniel Smith

  • By admin
  • September 2nd, 2010
  • Posted in Upcoming Events and Workshops, Seminar & Coaching Programs, For Professional Speakers-Media, China: The New Reality
  • 219 views
  • Send feedback »
  English (US)  
  Tags: china, cnn, executive, langham, mariocavolo, media, mikechinoy, news, shanghai, workshop

Say Goodbye to Yields

The Prime Directive, the Magna Carta, the Must Be Manifesto of the New Global Economic Reality is:

Interest Rates Must Remain Low. Say Goodbye to Yields

With the markets noting the continuing rise of treasury bonds, the direction of interest rates is called into question, but I maintain that there is no question as to the direction of interest rates; low interest rates are the single core essential requirement to a global economic structure which is sustainable. A recent article by Kurt Brouwer pointed up a bond bubble argument that “...interest rates have fallen so far and so fast that they have to go up at some point and this will hurt bond investors.”

It seems to me the most obvious of observations that if interest rates go up, hurting bond investors will be the least of our troubles. In the new mega-debt reality of today, interest rates simply can't be allowed to go up. They must stay down and all other parameters follow. Remember the "prime directive" in the Star Trek movies? This is the prime directive of today's global economic reality.

Many of my readers and clients are aware that I often argue against the likelihood of doomsday scenarios; that excesses will be absorbed and wound down over time rather than a D-day.

However, rising interest rates is the fire that will light the fuse to global economic hell with the heady heights of sovereign debt which has hit multi-trillion multiples of GDP across the global economies. Everything else follows this core top priority. In the absence of rising interest rates, the elitists and governments have many other chains they can yank on and indeed, they will do so. Think for a moment of the skyrocketing expense if interest on a few trillion goes from 2 to 5%; unequivocally devastating.

Read more »

  • By admin
  • August 28th, 2010
  • Posted in Investment Market Advisory, China Business & Markets, China: The New Reality
  • 817 views
  • Send feedback »
  English (US)  
  Tags: bonds, debt, default, economy, inflation, interest, markets, news, sovereign, yields

Tidbits On China: Hidden Trillions Trickling Down

There are many of us who live here in China for well over a decade. In my case, its been 11 years. Amongst the many fascinating observations on business and culture in China, one thing we all noticed from the very first day we arrive is that there is a massive untold, uncountable grey market "cash" economy.

Frankly, they like it that way. Wouldn't you?

Your first eye-opener can start in Chengdu, Sichuan province, circa 1999, when you learn that a certain well known local Chinese government office needs to hire several foreigners to do some much needed editing for the program of an upcoming international conference hosting heads of state from all over the world. On the day to collect payment for said editing work, the local gov't official opens the one square meter sized office safe at which moment you can't resist peeking to notice stacks and stacks of cash inside. That's not to say the cash is not fully accounted for and reported within the system. This story is simply to point out the mere tip of the cash economy iceberg in China. It is in fact amongst the wealthiest in the country where most of the cash is changing hands. We often go to the bank where it is normal policy and procedure to take your "bag of cash" to make the payment on the home you just purchased. While that bank transaction is definitely recorded at the bank and government real estate office, where that cash came "from" runs deeper into the mystery of China's not-so-hidden economy.

This not-so-little gem of trillion dollar knowledge has finally made it to international headline status courtesy of a research study commissioned by Credit Suisse.

Highlights from the report include:

"...The study found that the "hidden" household disposable income could be as high as 9.3 trillion yuan in 2008, equivalent to about 30% of China's gross domestic product."

Ok, now we're cookin'...

"...the flow of funds data don't accurately track the income of top households because much of it are the results of "illegal or quasi-legal" activities."

How do you define quasi-legal please and in what culture?

"...the shortfall in the figures revealed in the economic census and what households really received -- at 5.4 trillion yuan in 2008."

Enlightenment approaching...

"...Credit Suisse said investors may be setting their sights too low when it comes to gauging the impact of this vast pool of wealth."

That's a big bingo.

So then, above and beyond the known $2.4 trillion of government reserves, plus my estimated $15 trillion of mortgage-free home equity amongst the middle class, plus the known highest savings rate in the world at 36%, now we factor in an ongoing cash economy that has finally been estimated at between USD $1 to $2 trillion.

Read more »

  • By admin
  • August 23rd, 2010
  • Posted in Investment Market Advisory, China Business & Markets, China: The New Reality
  • 731 views
  • Send feedback »
  English (US)  
  Tags: cash, china, culture, economy, inflation, news, society, trillions, wealth

What Do Garlic, China, Gilligan's Island and Inflation Have In Common?

Four long decades earlier, the word "Ginger" kicked off our boyhood crush memories of the movie starlet Ginger on the hit TV series Gilligan's Island. Was there anything better to do at 4pm in suburban America after school than watch Gilligan's Island, not to mention Dark Shadows and F Troop? Not a chance, not even a game of stickball. Homework waited patiently and even our Moms lovingly understood a growing boy's top priorities in life.

Thirty years later, I moved to China where the word ginger took on new but still daily meaning almost every time I pick up my chopsticks for a meal. Memories of Ginger's glittering bareback gowns, perfectly out of place on their happy tropic island gave way to that tasty, stringent and healthy Asian root by the same name.

Now, much in accordance with the coming inflation of agriculture foods due to increasing global demand, according to recent reports by Xinhua News, the price of ginger, a high quantity staple in daily cooking here, has jumped 18% in the past month through August 15th.

Read more »

  • By admin
  • August 16th, 2010
  • Posted in Investment Market Advisory, China Business & Markets, China: The New Reality
  • 1253 views
  • Send feedback »
  English (US)  
  Tags: china, commodities, economy, ginger, indicator, inflation, news, prices

Its A Bird! Its A Plane! Its Superman! No! Its A Train! A Bus! Its a Chinese StraddleBus!

Wow, what a cool hybrid idea. This high tech people mover is half above ground subway/half public bus. Seems to me a raised up double-wide bus allowing cars to pass underneath on the regular traffic lanes would work only built along a straight line route. Once again, China is one of the last places left in the world where this could be afford-ably designed and executed if the designers and city planners could work their way through the undoubtedly interesting list of reasons why it won't work well.

The StraddleBus Article at China Hush

  • By admin
  • August 9th, 2010
  • Posted in China Business & Markets, China: The New Reality
  • 1056 views
  • Send feedback »
  English (US)  
  Tags: bus, china, future, news, public, straddlebus, technology, train, transportation

HP's Excesses: Just One of Many At The Root of America's Middle Class Decline

Let's remember that the excesses revealed in the fresh HP Mark Hurd fiasco are only one example of similar excesses which exist in plain sight across corporate America. How we ever reached the point where most top executives at corporations earn multi-millions of dollars per year while instituting pay cuts and lay-offs to make the company healthy again. The unholy "wealthgrab" by Wall Street bankers and other corporate elite complicit with government leadership at the expense of America's middle-class will go down in the history books as the core of America's continued downfall. Don't bother asking the question, "Haven't we learned anything?" because nobody with the power to do anything about it is listening.

HP's Securities and Exchange Commission filings of the past few years have -- in plain sight of investors and journalists -- detailed this excess:

Mark Hurd's total compensation for 2008 (when the global economic crisis reached its nadir) was $43 million, making him the fourth-highest-paid CEO that year, even though H-P's shares lost 29% that year.

CIO Randy Mott's total compensation jumped 400% that year to $28 million.

Imaging executive vice president Vyomesh (VJ) Joshi's total compensation increased 83% in 2008 to $22 million.

Personal Systems EVP Todd Bradley's total compensation went up 263% that year to $21 million.

Technology Solutions' EVP Ann Livermore's compensation went up 31% that year to $21 million.

Now-interim CEO Cathie Lesjak got a 49% bump in total compensation in 2008 to $6 million.
This management team mandated that year that all Hewlett-Packard staffers would take a 5% pay cut for the year, and they boasted that they -- as executives -- would stand shoulder to shoulder with the staff by taking 10% pay cuts. They forgot to say that the executive cuts would be only on base salary and that they would more than make up for that on options, restricted stock units and other bonus goodies.

In 2008, H-P shareholders paid $7,472 for travel expenses for Mark Hurd's family to accompany him on business meetings. They paid $256,000 for Mark Hurd's personal security detail that year. And each executive was able to use $18,000 worth of financial advice that year on the shareholders' dime.

Full Article Worth Reading at The Street

  • By admin
  • August 8th, 2010
  • Posted in Investment Market Advisory
  • 251 views
  • Send feedback »
  English (US)  
  Tags: china, hp, hurd, markets, news
1 2 3 4 5 6 7 8 9 10 11 ... 32 >>
  • Sept 16th In Shanghai: Mario's Advisory & Coaching Session on Critical Skills For Executives: Click the KBC Logo For Details. Thank You!

    Join Mario at the splendid Langham Hotel in Shanghai on Sept 16th- Click For Session Details
  • Send Us An Email Here

  • "Insightful...Genuine... Provocative..." Order Mario's "The New Reality" 111 page e-book Version NOW PRICED AT ONLY $7.00 til 8/31

    Buy The New Reality Now! Instantly Delivered To Your Email Box - SUMMER SALE NOW ONLY $7.00 til 8/31
  • Quote and Chart Search

    You can search for stocks, futures,
    and forex by symbol or name.
  • Rick Ackerman

  • Search

  • Tag cloud

    china crisis culture currencies debt economy euro global gold hainan investing markets news oil radio sanya stocks usa usd world

  • XML Feeds

    • RSS 2.0: Posts, Comments
    • Atom: Posts, Comments
    What is RSS?
  • User tools

    • Login
    • Register
    • Admin
  • Not registered yet? Register
  • Login form

  • Recent Posts

    • Join Mario and Mike Chinoy, former CNN Senior Correspondent For Our Next Media/Communication Training, Oct 18th, Langham Hotel, Shanghai
    • Say Goodbye to Yields
    • Tidbits On China: Hidden Trillions Trickling Down
    • What Do Garlic, China, Gilligan's Island and Inflation Have In Common?
    • Its A Bird! Its A Plane! Its Superman! No! Its A Train! A Bus! Its a Chinese StraddleBus!
    • HP's Excesses: Just One of Many At The Root of America's Middle Class Decline
    • China's Rising Wealth Joins America's Wealth to Build The Future of the Global Economy
    • Airplanes Powered by a Japanese Sushi Condiment
  • Categories

    • All
    • China Business & Markets
    • China: The New Reality
    • Event & Media/TV Hosting
    • Free Coaching & Training Articles
      • Breaking Through Obstacles
      • Catalysts To Change Book Excerpts
      • For Professional Speakers-Media
      • Influence & Persuasion
      • Master Presentation Skills
      • Meaning & Fulfillment
      • Media, PR, OnCamera Skills
      • On Leadership
      • Sales Skills
    • Health & Wellness
    • Investment Market Advisory
    • Mario's Radio Shows
    • Meet The Team
    • Past Events and Happy Clients
    • Recommended Book Reviews
    • Reviews
    • Seminar & Coaching Programs
    • Upcoming Events and Workshops
  • Archives

    • September 2010 (1)
    • August 2010 (6)
    • July 2010 (7)
    • June 2010 (10)
    • May 2010 (9)
    • April 2010 (14)
    • March 2010 (16)
    • February 2010 (13)
    • January 2010 (18)
    • December 2009 (18)
    • November 2009 (10)
    • October 2009 (11)
    • More...
  • Who's Online?

    • Guest Users: 6
  • About Mario Cavolo

  • Mario Cavolo is CEO and Senior Advisor with KBC China Shanghai Co. Ltd. His work with top caliber clients demonstrates his highly regarded expertise in communications including business advisory, executive coaching, TV/event host, author and entertainer. In April 2010 he was invited to appear on Bloomberg Television for his commentary on key issues related to China's ongoing economic expansion. Based in China for over 10 years, his business and career interests encompass projects in corporate training & coaching, including media/PR and event projects and dialogue/script advisor to the world's finest entrepreneurs and multi-national senior executives. If the business side of life is of less interest to you than arts and music, you'll be glad to know Mario is also an avid jazz pianist under contract with the China Art Hangzhou Agency performing in concert on tour throughout China, Macau, Hong Kong and Taiwan.

powered by b2evolution free blog software


Contact | Powered by b2evolution
Credits: Foppe Hemminga | blogsoft | MySQL hosting | blog ads