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Daily Archives: March 19, 2013
Stocks for the long-run?
In the 1990’s, Cape Cod barbershop owner William Flynn invested his $150,000 nest egg in the stock market. At one point he had about a million dollars. Thirteen years and two stock crashes later, he is right back to where … Continue reading
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Dr Copper: now testing 2009 expansion support
This morning copper has broken through 3.50 to trade slightly below the cyclical support which has been in place since the economic recovery began in 2009. A barometer of global demand, this breach if it holds, has traditionally been a … Continue reading
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German-led EU “blackmailing Cyprus” to confiscate bank deposits
Athanasios Orphanides, former governor of the Central Bank of Cyprus, talks about a proposed unprecedented levy on Cyprus’s bank deposits and the potential impact on Europe’s financial systemHere is a direct link.
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