Daily Archives: June 12, 2013

“Student debt in the U.S. stands at a record high of $1.1 trillion– it now surpasses both auto and credit card debt. According to a study by Fidelity 70% of the class of 2013 is graduating with about $35,000 in … Continue reading →

Emerging markets, even the new Asia tigers, have tumbled on expectations of higher US interest rates. James Mackintosh, investment editor, analyses the implications of hot money outflows for currencies and equities. Here is a direct video link.

Ho hum…every major asset market in the world is unfairly manipulated and rigged by a few at the expense of the many in our wild west financial system. Quite a cesspool on our hands. So much for efficient markets and … Continue reading →