Brexit: Opening Pandora’s Brox
Here’s a riddle. What do you call the European Union without the UK? Germany.
Only About One-Quarter of Corporate Stock is owned by Taxable Shareholders.
How the West (and the Rest) Got Rich
Dow, at risk of 4th down week in row, up 120
"We don't believe it will happen," Don Luskin, chief investment officer at TrendMacro, told clients in a note titled "Is the Fed Stuck On Stupid?"
Adds Luskin: "We still think no hike until December, and probably not even then. There's not good reason for it , and lots of good reasons against it."
Is the Fed Stuck on Stupid?
No good reasons to hike, and lots not to. It won’t happen. If it does, markets will unravel.