Because it is significantly undervalued on a purchasing power parity basis, the dollar rallies against the yen and the euro. It exceeds 100 on the yen and the euro drops below $1.30 as the long slide of the greenback is interrupted. Longer term prospects remain uncertain. Words: 664
February 16th, 2010 | Posted in 2011-12 Forecasts,Economy | Read More »
To be a succesful investor you need to have the right attitude, know what mistakes to avoid, develop some winning traits, identify some key investment themes for the year and develop and execute a plan around them. Words: 1606
January 21st, 2010 | Posted in Investing | Read More »
You’ve probably heard that the economy is recovering, that consumers are more optimistic, and that companies might soon begin hiring more workers than they’re firing. Hooray. The only problem with such an upbeat prognosis is that large chunks of the U.S. economy remain addicted to financial painkillers. Words: 845
January 15th, 2010 | Posted in Economy | Read More »