By Eric Fry, for The Daily Reckoning A fertile imagination is usually the enemy of successful investing. Imaginative investors tend […]
In Las Vegas, Odds Favor Novelty Bets
by Alexandra Berzon, WSJ, Want to put $200 on Johnny Depp for Best Actor? Las Vegas gamblers may soon be […]
Right Place to Crash the Plane; Time Running Out for Europe; Nanny State or a Breakup?
By Mike “Mish” Shedlock, globaleconomicanalysis.blogspot.com Steen Jakobsen, chief economist for Saxo Bank in Copenhagen, pinged me with a personal thought […]
Banks send Wall Street lower on U.S., Europe debt fears
By Aleksandra Michalska NEW YORK (Reuters) – Stocks fell more than 1 percent on Monday as concerns the United States […]
Hugo Salinas Price and Michael Pettis on the Trade Imbalance Dilemma; Gold’s Honest Discipline Revisited
By Mike “Mish” Shedlock, globaleconomicanalysis.blogspot.com Michael Pettis at China Financial Markets gets to the heart of the trade imbalance issue […]
Asia stocks sink as Europe debt jitters mount
Asian stock markets sink as Europe debt crisis threatens to engulf Italy, Spain SHANGHAI (AP) — Fears that Italy and […]
Moody’s downgrades Portugal on fear of 2nd bailout
LISBON, Portugal (AP) — Ratings agency Moody’s downgraded Portugal’s government debt on Tuesday, citing growing risks the country will require […]
Economist Charles Gave: The Euro Will Not Exist In One Year!
Joe Weisenthal, Business Insider, Charles Gave is the French economist whose research firm GaveKal is fairly well known, and read […]
Where Rich Chinese Are Buying Real Estate
From Forbes Blog – Ken Rapoza, Vancouver, London and the big cities down under are second homes of choice for […]
Country default risk
From Bespoke Investment Group site, “Greece has really distinguished itself this week as the country that is most at risk […]
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