in “good times” there’s no better place to be than in the Singapore dollar in my opinion. However, in “bad times”, this baby gets thrown out with the bath water too.
When stocks start to slump, I like to go to the 52-week high list to see what’s still going up. Right now these type of stocks are hitting new highs: Gold ETFs, gold stocks, platinum, funds that hold treasuries or munis and gun stocks like Ruger: RGR, So when markets are going for things like [...]
My question is…”How high does unemployment have to get to before we have our own riots in the streets?”
Overnight. Moody’s cut the credit rating of Cyprus by two notches to Baa1 (which is 3 levels above junk status). They warned that Cyprus faced further downgrades in light of the massive exposure that its banks had to Greece’s debt. All of this caused the debt yields to soar in Cyprus. If this keep up [...]
There were a lot of 52-Week Lows/Highs Hit Recently in the Currency Market. Let’s take a look at them below. 52-Week Lows: EUR/NZD USD/CAD USD/CHF USD/SGD (Singapore dollar) GBP/CHF GBP/AUD GBP/NZD CAD/CHF
Inflation is robbery, any way you slice it. And who is the one that is making inflation even worse? The Federal Reserve.