By SIMON CONSTABLE
In 1999, as the dot-com bubble inflated, the Dow Jones Industrial Average surpassed a major milestone: It closed above 10000 for the first time.
“Dow 10000 absolutely meant something to people not on Wall Street,” says Dan Rasmussen, chief investment officer at Boston-based Verdad Advisors. “For those who don’t follow market swings, these milestones are hugely important.” Read more here.
By SIMON CONSTABLE
Listen here.
By SIMON CONSTABLE
Finally, Germany is going to hit its military spending target. But it’s doing so amid a brutal recession that isn’t expected to end any time soon.
In short, it means that the country will be cash-strapped, experts say. Read more here.
The “red fighter aircraft” _Manfred Freiherr von Richthofen,
with his red-painted three-decker.
Vitold Muratov scan, digitalisation.,
CC BY-SA 4.0, via Wikimedia Commons
By SIMON CONSTABLE
By looking at UK newspaper headlines, you might think the country is in political chaos. There may be some truth to that claim, but it’s less uncertain than it has been for years.
It matters because uncertainty around government policy tends to slow growth. Read more here.
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By SIMON CONSTABLE
As if things weren’t bad enough for Scotland’s capital city already, Edinburgh City Council is imposing a new diabolic rule. At least, it is diabolical for the city’s already ailing economy. Read more here.
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By SIMON CONSTABLE
The U.S. dollar has a lot to answer for when it comes to U.S. stock market returns. So a forecast that promises a significant dollar rally followed by a dive should be enough to turn the stomachs of some investors. Read more here.
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