Hesitating between new-found confidence and resurgent doubts, Patrick Ségal, former member of the Executive Comittee, takes us on a whirlwind tour of the global economy. He doesn't mince his words in his comments on France
You are about to experience the most unbelievable week in America ever, and we have to prepare for the absolutely worst case,Dimon told his staff..
BMO Harris Private Banking today released its latest market commentary report, Equities Advance as Fears Ease. The report notes an improvement in the outlook for the eurozone and a continued advance in global equity markets.
Earlier in the week, writing for the Business Spectator website, Turnbull launched into a very silly call for Australia to launch a sovereign wealth fund.
The research claims that even though Britons are three times richer than they were in 1952, and UK GDP has dramatically increased, so has the Government's budget deficit.
It’s hard to feel too sympathetic for wealthy financiers caught behaving badly. But considering the stress of the job, and simple statistics, it shouldn’t be too shocking to hear of Wall Streeters stabbing a cabbie or defecating in public. Mor
Buffett, in his annual letter to shareholders last month, said investors should avoid gold because its uses are limited and it doesn’t have the potential of farmland or companies to produce new wealth.
We believe the potential for negative events in Europe will keep the euro on the defensive against the dollar and sterling, but the downside looks limited in the near term given investors in general are already broadly holding negative positions.
Investors seemed to react not to what the Fed President said, but rather to what he didn’t say. However, the sell-off was short-lived and today silver has been clawing its way back.