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Ep. 1004: Andy Ho Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Higher Productivity in Vietnam

Vietnam is a continuation of what China provided the world in 10, 20 years ago. The wage in Vietnam is about one third out of China. That helps continue the process of producing the 90s or the Adidas at a more affordable price. But as you know, that's really a temporary situation. Five, 10 years from now, we do expect labor costs to go up.

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