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Overly optimistic prices are the investment risk–not US politics
This week has seen a sudden concern in media outlets over what might happen to regular people’s investment accounts if the US government does not come to an agreement to raise the debt ceiling and the US ends up temporarily … Continue reading
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The virus of excessive debt threatening host economies all over
6 years after the credit crisis first dawned on the mainstream, the derivative debt virus is still spreading. See this segment on the debt storm surging in Peurto Rico which has knock off risks for investment funds, bonds and banks … Continue reading
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Gary Shilling on grand disconnect between stock prices and growth
Gary Shilling, former Merrill Lynch Chief Economist and President of A. Gary Shilling & Company, says there is a “grand disconnect” between the robust stock market and the economic reality. His advice? Short stocks, buy treasuries and hold cash. Shilling … Continue reading
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