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Trading olives and feta cheese for submarines is a losing proposition
Greek 10-year government bond yields, after having graced 8.73% merely a good week ago, are […]
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Why the Fed is fighting deflation tooth and nail
Economics class is in session! Let’s have a look on the impact of inflation and […]
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Portfolio managers asleep at the wheel – again?
What would you do if you expected a stock market decline, but had to be […]
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Presenting the LIMTI
Presenting the LIMTI (Lighthouse Investment Management Timing Index) Apart from fundamental considerations markets move in […]
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Bank of America under pressure
Will Bank of America (BAC) get into difficulties because of a) legal problems to foreclose […]
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Gold takes a breather – US Mint to sell some Eagles
First serious setback in the gold price since quite some time (from a record-high $1,363 […]
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Chinese PM Wen bathes in 290 tonnes of olive oil while buying Greek bonds
My favorite pinata (http://www.youtube.com/watch?v=wi3semJPQzk), Greece, has received some help from China. On a visit to […]
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Ireland might be downgraded again; Euro strength hurts
Moody’s warned it may cut Ireland’s credit rating again as the country has to foot […]
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In God we trust
Sometimes I get accused of having “religious beliefs” in gold. Why is gold so valuable […]