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Daily Capitalist: Events in Europe are following the pattern seen in the U.S. several years ago. In Europe, financial crises in small countries are now giving way to crises in large ones. Read more…
Daily Capitalist: Before I make my broader point, here’s a LINK to quite the interesting comparative interactive chart. It shows the Utilities Select Sector ETF (NYSEARCA:XLU), versus the well-known ETF for the S&P 500 ETF (NYSEARCA:SPY). You can click Read more…
Robin Koerner: On Last Friday, Warren Buffett’s right-hand man and Berkshire vice chairman, Charles Munger, told CNBC, “Gold is a great thing to sew into your garments if you’re a Jewish family Read more…
Daily Capitalist: Different mainstream media are reporting sentiment and technical features consistent with a major stock market top. As Japan can attest, bear markets and recessions can occur without Read more…
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