subprime losses

Stocks in Europe, Asia, US continue to decline – European banks on the second wave of the subprime crisis

As anticipated in our previous posts (unfortunately), shares continue to decline today on all the major markets, especially in Europe and Asia. There is an old investment adagio which says that “No news is bad news” (Ernest Hemingway, “For Whom The Bell Tolls). In this particular case, no good economic news means bad news for our shares investments.Read More »Stocks in Europe, Asia, US continue to decline – European banks on the second wave of the subprime crisis