Friday, January 31, 2014
46.5 mio Americans live in poverty, and the poverty rate in the US has been at 15%+ for 3 consecutive years. The first time that has happened since 1965. Land of the free.
I'm not a huge fan of CNN.. but I've sourced the stat from this article: money.cnn.com/2014/01/24/news/economy/middle-class-economy/index.html?iid=HP_River
Musing.
Volatility still high.
Yesterday's gains will likely be wiped with European inflation at a measly 0.7% (CPI) - under 1% for 4 months in a row. Meanwhile, Japanese inflation is at it's highest in years.
Prediction: ECB to pursue ridiculous QE
Yesterday's gains will likely be wiped with European inflation at a measly 0.7% (CPI) - under 1% for 4 months in a row. Meanwhile, Japanese inflation is at it's highest in years.
Prediction: ECB to pursue ridiculous QE
Sunday, January 26, 2014
Tuesday, January 14, 2014
Monday, January 13, 2014
Goldman - Underweight US equities
"We downgrade the US equity market to underweight relative to other equity markets over 3 months following strong performance."
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