Sign of a top? GLD Moves Into Top Spot, Surpasses SPY As Biggest ETF - Focus on Funds
GLD Moves Into Top Spot, Surpasses SPY As Biggest ETF Is $5,000/Ounce The New Target In Gold’s Run?MKM: Buy Silver ETF (14% Upside); Pair Utilities With October Calls By Murray Coleman Here’s another…
S&P replaces president with Citibank exec after U.S. downgrade
(Reuters) - The chief of Standard & Poor's will step down next month, to be replaced by a senior Citibank executive, in a move announced a few weeks after the credit rating agency downgraded U.S.…
China Details Yuan Use Offshore
SHANGHAI--China has released draft guidelines on foreign investors' use of yuan acquired overseas for direct investment in the country, taking another significant step forward in further…
The Word from…Layoffs sweep Wall Street, along with low morale
(Reuters) - In early summer, before layoffs began sweeping across Wall Street, billboard-sized photos of employees were plastered on the walls, pillars and elevator banks of Credit Suisse Group AG's…
Global Baking Regulation Update
Enhancing financial regulation has been a common view between governments since crisis in Y 2008, but debates over implementation details continue, especially since the recent debt crisis has given…
Bank Taps Fund, Raising Jitters in Europe
Amid renewed fears that the euro-zone crisis could put fresh pressure on short-term funding, an unidentified bank made use of the Federal Reserve's swap facility via the Swiss National Bank,…
U.S. Stocks Little Changed Amid Economic Concern; Oil, Euro Rise
Aug. 19 (Bloomberg) -- U.S. stocks fluctuated between gains and losses as investors weighed growing concern over the global economy and Europe’s debt crisis against valuations near the cheapest level…
Low Rates Hit Money-Market Funds
Money-market mutual funds, those havens of safety for investors during tumultuous times, are facing their own pressures as interest rates continue to decline. The funds, which historically aimed to…
The New World Order
Most Americans are too distracted to recognize that the New Global Order (the Order) has emerged. It is safe to say that the USA will most likely continue to be a main player in the Order. But, right…