Here’s a quick rundown of the declines : Bank of America: -59.45% Citi: -43.63% Goldman Sachs: -45.89% JPMorgan: -21.28% Morgan Stanley: -44.22% Barclays: -33.31% Lloyds: -61.22% UBS: -28.42% Deutsche Bank: -27.01% BNP Paribas: -36.29% Société Générale:-58.49% Read more: http://www.businessinsider.com/chart-of-the-day-worst-perfoming-bank-2011-12#ixzz1iPhRyOMX
Read moreJapan’s debt to the tune of 200+% of GDP will finally begin to have a negative impact on the economy. The fiscal crisis will start off imperceptibly mid-Spring with a whimper but will deteriorate and become full-blown as the year wears on. In response the Japanese government will begin monetizing debt and injecting liquidity into the system. Therefore Japanese equities will likely outperform in nominal terms, but not
Read moreThe U.S. Dollar horoscope is based on the Coinage Act, passed by the United States Congress on April 2, 1792, time unknown – set for 12:00 pm, in Philidelphia, PA which established the United States Mint and regulated the coinage of the United States. This act also established the dollar as the unit of money in the United States, declared
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WILLIAM STICKEVERS 