Nobody can argue that money plays an exceptionally important role in our contemporary life. Everything we do in our everyday life is connected with money, including work and amusement, not even talking about the natural needs like food, self-care products and clothes. The level of life is commonly measured by the money people have available for their needs. It’s generally known that the more money people get, the more sophisticated Read all content
Wall Street against Warren Buffett ?
This year Warren Buffett is getting ready to celebrate fifty years of business with Berkshire Hathaway (BRK / A), however, the financial conglomerate is under fire from the market due to lack of transparency. But Wall Street is against Warren Buffett? Essentially the leading analysts of international investment banks denounce lack of transparency in the latest quarterly published by Berkshire. Analysts complain that a $ 370 billion dollars which ranks Read all content
The euro is near the 2012 lowes level and many analysts are predicting that will touch the 1.10 this year. Nobody sees that a stronger dollar will not help the recovery in USA nor in Europe or elsewhere. The convenient exchange rate EUR/USD is somewhere around 1.25 to 1.30. This rate is low enough to guarantee the economy growth for USA and keep interesting the industrial production for export. The Read all content
Weird titles – Traders Enjoy Best Year
Sometimes ECB is inert to put in place measures that help the markets. The abstract speeches of Draghi doesn’t help anymore and the high level of taxation in Europe across various nations only slows the recovery. Remember that Draghi comes from Italy which has one of the highest level of total taxes paid by a citizen. Also we could call the attitude of Draghi with the italian word “farraginoso” U.S. Read all content