Published:Tue, 24 Jan 2012 12:58:04 -0800
All the top business stories of the day in the financial sector .........
Published:Mon, 23 Jan 2012 23:06:35 -0800
Citigroup Inc. (C) ’s Vikram Pandit, leader of the U.S. bank that took the most government aid in the financial crisis and that has the worst stock performance over the past dec......
Published:Mon, 23 Jan 2012 22:15:31 -0800
Citigroup Inc.’s Vikram Pandit, leader of the U.S. bank that took the most government aid in the financial crisis and that has the worst stock performance over the past decade, ......
Published:Mon, 23 Jan 2012 15:50:58 -0800
Citigroup Inc.’s Vikram Pandit, leader of the U.S. bank that took the most government aid in the financial crisis and that has the worst stock performance over the past decade, ......
Published:Tue, 24 Jan 2012 07:24:35 -0800
Bloomberg has a article up heralding Vikram Pandit's return to the limelight at Davos. Pandit was understandably on the sidelines in recent years given the questions surroundi......
Faz is presenting a good potential opportunity for investors as it has been tanked down with the recent September rally. However, the financial situation appears to be getting worse globally. Countries are entering a full blown currency debasement war, trying to bolster their exports. The current debasement is a directly reflective of a global slowing economy. Nation after nation is being dragged down and the European Debt crisis is still not resolved. Ireland is looking like it may need billions of more euros to be solvent and let us not forget Portugal,Spain and greece. Faz popped up toward the end of the day, see the chart below The current technical chart shows a clear ride to $16.50 or even $18. With the month of October right around the corner and historically a bearish month, Faz is looking better and better after this current September rally.
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