We won’t be fooled again Within the past month, we’ve seen 2 false rallies based on false optimism based on false EU solutions, once after the Spain bank rescue, once after the EU… Continue reading
Last week, the only real market mover was speculation about the EU summit. Ok, US housing and some other data points might have provided a brief excuse for some movement, but that’s all.… Continue reading
Below we review the prior week market movers and summarize why the EU really is doomed without some radical changes in policy, (none of which are likely to occur quickly enough, if at… Continue reading
If most of your assets are denominated in one or two of the most widely held currencies, it’s time to be thinking about ways to hedge that exposure and diversify into assets denominated… Continue reading
