Since late January, the US stock market has been in a decline. While the longer term, positive trend of the market remains intact, we are fast approaching a “line in the sand” moment for market watchers. The market had been in a strong uptrend since March of last year, but has recently broken that trend. [...]
I know you’ve been dying to take that long-planned trip to Europe where you can try out your new skis on the Swiss alps, marvel at the impressive cathedrals in Italy, take a tour of the ancient ruins in Greece, and maybe even meet the Queen in London (although you’ll need a whole lot of [...]
I didn’t come up with the phrase “when money dies,” however I think it is a very appropriate phrase to use and understand as part of today’s (circa January 2011) economic conditions. The phrase captures an important idea that paper money issued by governments has a finite life; at some point, it becomes worthless, or [...]
