The Swiss Miss: Media’s Take on the Franc’s Fallout By Fisher Investments Editorial Staff, 01/19/2015 Headlines globally remained stuck on Switzerland Friday, spouting nonstop warnings, lessons and overall hype. To us, it all seems fairly out of proportion. Switzerland is tiny, and the franc’s wild ride is a textbook case of a currency peg gone bust. The writing was on the wall, and the global implications here are miniscule—this is nowhere near enough to end the bull market. Nor is it evidence of festering global weakness.
Here’s a roundup of the major stories, which we read and analyzed so you don’t have to.
Francs, Fear and Folly Paul Krugman, The New York Times
and subsequent links... If Schiff is so wise, why does he even need to offer subscriptions to his fount of wisdom. Maybe he can't make enough money on his predictions.
The Swiss Miss: Media’s Take on the Franc’s Fallout
By Fisher Investments Editorial Staff, 01/19/2015
Headlines globally remained stuck on Switzerland Friday, spouting nonstop warnings, lessons and overall hype. To us, it all seems fairly out of proportion. Switzerland is tiny, and the franc’s wild ride is a textbook case of a currency peg gone bust. The writing was on the wall, and the global implications here are miniscule—this is nowhere near enough to end the bull market. Nor is it evidence of festering global weakness.
Here’s a roundup of the major stories, which we read and analyzed so you don’t have to.
Francs, Fear and Folly
Paul Krugman, The New York Times
http://www.marketminder.com/a/fisher-inv...
and subsequent links... If Schiff is so wise, why does he even need to offer subscriptions to his fount of wisdom. Maybe he can't make enough money on his predictions.
Why sell subscriptions? Why not be altruistic? :)
Eventually they will bite the bullet.