Apparently, the Rest of the World Does Matter
Wow! What a week – talk about volatility! On Sunday, the “Xoi” (No) vote from the Greek referendum apparently hardened the Greek government’s negotiating line; There was an intensification of the meltdown on the Shanghai equity market Monday, Tuesday and Wednesday; There was a 3 hour trading halt at the NYSE on Wednesday; Then there […]
If You Build It, They Won’t Come: Opinion
It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.– Charles Darwin I am often asked: “When do you think the economy will return to normal?” My response: If by “normal” you mean what we had from the 1980s to 2008 — the “if […]