?The rule of thumb is to do your homework, do your analysis, and don?t give up prudent risk management for the sake of certain fads. Look for real valuations, and stay true to your time frames,? said Marc Chandler, the global head of currency strategy at Brown Brothers Harriman.
Taking the express train from Paris to Frankfurt, I was playing around with the map function on my iPhone 4s. It was really cool watching the blue dot marking my location zip across the map at 200 miles per hour. When I zoomed in on my location, I realized that I recognized many of the
?The consumer in the United States has basically disappeared. There are no jobs, no wage increases, and therefore no spending,? said Bill Gross of bond giant, PIMCO.
A couple of alleged Tweets, a few rumored phone calls, and what have we got? $2 trillion in new global stock market capitalization in hours. That was the bottom line after the purported communication between the staffs of Germany?s Angela Merkel, France?s Jean Francois Hollande, and ECB president Mario Draghi. But is the creation of
When I backpacked around Europe in 1968, I relied heavily on Arthur Frommer?s paperback guide, Europe on $5 a Day, which then boasted a cult like following among impoverished, but adventurous Americans. Over the following years he directed me down cobblestoned alleyways, dubious neighborhoods, and sometimes converted WWII air raid shelters, to find those incredible
?We didn?t get here by accident. America is the product of the greatest public/private partnership in the history of the world,? said Tom Friedman, international affairs columnist at the New York Times.
It was an unexpected call. A close friend who ran one of the world?s largest hedge funds said he had two tickets to the London Olympics opening ceremony on Friday night. Would I like to have them? I said he must be kidding. I knew from my own research that these tickets were the most
?Computers crash, and you have to reboot them. That will happen to the global economy,? said Mark Faber, publisher of the Gloom, Boom, and Doom Report.
I don?t just think he hates me. He truly despises me. In fact, he does everything he can to put me out of business. Take next week, for example, when the Federal Reserve Open Market Committee meets, and he will attempt to give my views and me a complete thrashing. I doubt he?ll launch a
The full force of soaring oil prices really hit home when I arrived in Paris yesterday. As we passed a gas station, I mentioned to the driver that I didn?t know that they sold gas by the gallon in France. He answered that they didn?t. Those were the prices in liters I was seeing. He