The Miami Herald published the annual Dave Barry Christmas gift guide today. Barry no longer writes a regular column for the Herald, but we still get him a few times a year. The gift guide is a favorite in our household. Click on the title and prepare to laugh.
US investors sometimes are guilty of myopia when it comes to investing. That is a bad thing as there are many opportunities outside the US, but international/global funds are now attracting most of the new inflows to mutual funds. This is classic performance chasing by individual investors. Investing in international markets can reduce [...]
In a post yesterday, I worried that the anti trade wing of the Republican party would find allies in the Democrats who now control Congress. I’m not the only one worried. The title of this post links to a story in Slate, “The Lou Dobbs Democrats”:
Most of those who reclaimed Republican seats ran hard against [...]
Dollar Declines After Reuters Says China May Diversify Reserves
By Daniel Kruger and Min Zeng
Nov. 9 (Bloomberg) — The dollar fell to the lowest against the euro in more than two months after Reuters reported People’s Bank of China Governor Zhou Xiaochuan said he has a “clear” plan to diversify the country’s foreign-exchange reserves.
Is [...]
