Swiss franc hits record high against the euro and nears parity against the dollar as worries over the global economic recovery drive haven demand
Day: September 3, 2010
Bold financial seers look to models rather than the herd
Stocks have lost nearly half of their value twice in the past decade yet a suggestion the same is about to happen again draws scorn on Wall Street
Volatility and poor returns killing equities cult
More market professionals are asking if the brutal de-rating suffered by equities during the past decade means the cult of equity is dying
Wall Street takes cheer from employment data
US stocks rose, extending this week’s rally, after a better-than-expected August jobs report eased fears about a slowdown in the pace of the economic recovery