The recent financial crisis has some interesting effects too. As you are just reading this investment blog, a thief could use somewhere in the world a counterfeit credit card with your full name printed on it.
I was a few days ago reading an advertisement from Fisher Investments (because it’s not worth I won’t bother to reproduce the link here). The advertising said that if you have half a million portfolio, you should download free the latest report from a “famous” Forbes columnist.
Well, remember that a few days ago we at doitinvest were complaining about the different methods of converting various currencies one to another? The story is not over.
The Democrats approved yesterday what could be called the last line of defense against a total crash. Of course, they still have to pass this through the Congress, where the Republicans are strongly opposing it. And the signature of Barack Obama seems a formality, so the biggest part of the battle has been done. After the disastruous news on the […]
Almost 600,000 U.S. jobs were wiped out in the month of January, driven by layoffs undertaken by some big corporations, such as the equipment producer Caterpillar or the retailer Macy’s. This is the largest level for the last 16 years, since January 1992, and at that time we were amidst a different crisis. The jobless rate, calculated by the Department […]
FMCG means fast moving consumer goods, if you were wondering what this acronym meant. And although it seems a little bit late to mention this, after the worst quarter into the US history, we at doitinvest.com think that the timing is appropriate to do so.
The service industries from US reported a small victory in January, by slowing at a slower pace than forecasted. The Institute for Supply Management’s index of non- manufacturing businesses, which compose almost 90 percent of the economy, increased to 42.9 from 40.1 in December. Figures below 50 signal a contraction. This could indicate a turning point in the natural curve […]