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How Dr. Ben Copperfield makes trillions disappear – twice
Fed Chairman Ben Bernanke is a magician. He can make trillions of debt disappear. Impossible? Let me show you how: Please take a look at the following table[1]. We are only going to look at the total marketable public debt[2]. Broken down into categories by instrument I compared the latest data (July 2011) with the…
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Interview with IndexUniverse.com: “From Euro to Neuro”
http://www.indexuniverse.eu/europe/opinion-and-analysis/7929-alex-gloy.html?Itemid=126
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What a week
Looking at asset class performance during the week August 1-5, 2011: Horrible week for the Dax index, US REITs (Real Estate Investment Trusts) and Emerging Markets. I had wondered why the Dax managed to perform so well despite Euro zone troubles. It is a pretty cyclical index, and usually outperforms the US indices – in…
