For those (like me) who are always bullish on equities, it is nice to read the equities history. The Russian Stock exchange got wiped out. In Austria from 1900 to 2012 – you would have been ripped apart with 97 years of losses In the US the returns from bonds has been BETTER THAN equities […]
Will the US default? Well it makes no sense for the US to default…it has enough money to pay. The President knows they should not default, so let us hope that they do not. However if you are tracking the US economy there is a huge…3 digits billion dollar default happening or about to happen […]
Not sure whether I am alone in crying hoarse about the pending US default…but I always get some support from the American media! One of the biggest players in the American bonds market (perhaps the largest) is as skeptical about the bonds issued by Uncle Sam… let us take the worst case scenario of the […]