From political folly to looming crises, investors are betting on collapse — and turning to gold as their safe haven.
Tag: stock
Spare a thought for the globe-trotting European stock salesman. Europe’s equities have seen 25 straight weeks of fund outflows, according to Bank of America-Merrill Lynch, wiping out all of 2017’s inflows. It’s the only region recording meaningful outflows this year — even emerging markets, performing far worse, can’t make that claim. So why can’t Europe get any love? The push factors are obvious: From Brexit to the Italian budget, Europe is still a continent that has a reputation for in-fighting for global investors. At the same time, the pull factors are lacking: Economic and earnings growth is decent but unimpressive […]
REUTERS, BLOOMBERG Worldcrunch NICOSIA – Global markets tumbled Monday as new doubts spread about the solvency of the eurozone with the Cypriot government preparing to impose a new levy on bank deposits in order to qualify for bailout funds. Finance ministers in the eurozone Sunday had demanded that Cypriots pay up to 10% of their […]
PARIS – The future of the “Made in France” label doesn’t just hinge on Champagne, Airbus or luxury handbags. The Bic company’s annual report, released on Feb. 13, proves it – it’s possible to make a good living in the West with an alternative economic model based on mass-produced cheap products. The company still makes […]