Interest rates, the economy, the stock market… everything is down. The only way (some day) is up!
Author: The Investor
A few months ago, nobody but a few U.S. Federal Reserve groupies had ever heard of quantitative easing. Yet today we’re told it’s the only thing that can save the financial system from meltdown. Indeed, the U.S. authorities have been moving towards quantitative easing for months, while the Bank of…
When you invest in a stock, you become a part-owner. When you instead invest in its corporate bonds, you’re instead a creditor.
Update: Voting is now closed, and we’re into round 3. Thanks everyone!
