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Global Investing Update
Article By:
Vivian Lewis
Monday, November 24, 2014 3:02 PM EDT
China caused waves across our portfolio. First of all, in an admission that something was needed to set GNP growth back on track, China cut interest rates in a new stimulus initiative.
The Bad News Bears
Article By:
Vivian Lewis
Tuesday, November 18, 2014 3:38 PM EDT
Realistically, a 5% tax rise should prompt a 5% spending cut, with the earning power lost to inflation adding more belt tightening. You can't squeeze blood from a stone. Workers have no money.
In this article: BLX, BNS, EC, GSK, NOK, NVS, PBR, PT, BSAC, SLB, SNY, VOD, ATONY, GBTZF, GTOMY, PPEHF, TRYIY, DWA, INFY, TEVA, RBGLY, ABGB
Dear Numpty
Article By:
Vivian Lewis
Friday, November 14, 2014 4:06 PM EDT
What is astonishing about the way banks cheated their clients by colluding to fix exchange rates to extract higher sums is not only that they did this to what they called “Numpty's”, but when they did this.
This Land Is Your Land
Article By:
Vivian Lewis
Wednesday, November 5, 2014 3:16 PM EDT
The Eurozone is suffering from restricted growth according to the European Commission which now forecasts that 2014 growth will be 0.8% overall for the 18 countries in the currency bloc. This is well below the earlier forecast of 1.2% growth, which was already low.
In this article: AGU, BNS, CMG, JEQ, NOK, BSAC, SLB, FAX, FCO, GBTZF, TEVA, GLD, RBGLY, FBASF, BTEBY