“May you live in interesting times.” So goes what is sometimes referred to as an ancient Chinese curse. Chinese stock market investors, who saw their market rise and fall by 37% (each way) the last three weeks of June, surely get its meaning, as would anyone living in Greece these days. For those on our…
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A New Approach to Bonds
Bond funds tend to hold their value—unless rates are rising. Is it time to dump yours? . . . Read more at Barrons
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Why all the hullaballoo?
The financial media discusses and analyzes Greece constantly. With each bit of new news there is yet another commentator claiming a solution, or disaster, is at hand. Given Greece's economy represents just 2% of the Eurozone, one could rightfully ask, why all the hullabaloo? Ned’s Notes offers this tidy summary: The Greek financial crisis began in…
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Live Long and Prosper!
People are living longer than ever. A person who reaches 65 today can expect to live, on average, another 19.3 years – over 5 years longer than in 1965. The first person to reach 150 years of age is likely alive today. Meanwhile incredible medical advances through biotechnology are extending both the quantity and quality…
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HSBC fears world recession with no lifeboats left
The world authorities have run out of ammunition as rates remain stuck at zero. They have no margin for error as economy falters ... Read More at The Telegraph
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