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Monthly Archives: May 2014
Investors Group tightens the leverage noose on the gullible
Infamous for obscenely high internal management fees and back end loads, Investors Group today announced on its web site a new 1.99 floating rate mortgage available to trusting victims: The Winnipeg-based financial services firm posted the rate on its website … Continue reading
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Class action law suit against exchanges, broker/dealers and HFT firms
Hat tip to Wall Street on Parade for bringing the filing of an encouraging class action law suit to my attention. See the class action statement of complaint for violation of Federal Securities laws here: City of Providence, Rhode Island … Continue reading
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Consumers not bouncing back with warm weather
This morning the Advance US April retail sales report disappointed bulls with a flat 0.1% month-over-month read, down from 1.5% in March. Core Retail Sales (ex Autos) was 0.0% in April, down from 1.0% in March. Over all the trend … Continue reading
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