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The ship is sinking
Wow the U.S. dollar is falling quick these days. An announcement from Chinese officials that China would further diversify its currency reserves made the dollar drop to $1.47 per EUR. A couple of months ago this was still about $1.36 per EUR. Here’s a chart from Yahoo showing the €/$ currency exchange of the last couple of months: Guess I’ll…
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Mother-in-law and large homes = bad for business
A largely new but quite controversial field of research tries to link the private life of CEOs to the performance of their company. CEOs are often seen as critical to the business they lead and therefore some investors want to learn as much as possible about the man behind the wheel in order to optimize…
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U.S. dollar keeps dropping
As I get mostly paid in dollars the $/€ currency exchange plays a relatively big role in how much money I earn. For the last couple of years the currency exchange hasn’t really been that great – the overall trend is that the U.S. dollar just keeps dropping and dropping against the euro. The euro…
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Jim Cramer’s passionate plea against Bernanke (video)
A couple of days ago Jim Cramer, presentator of Mad Money on CNBC, held a passionate plea against FED charmain Ben Bernanke to consider cutting interest rates to help the market. Pretty entertaining to see how this guy goes nuts on TV:
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U.S. dollar sinks to new record low
Fears that troubles in the subprime mortgage loan sector would spread to other parts of the U.S. economy caused a new record low of the U.S. dollar against the euro and another currencies today. Financial media reports the euro is at it highest level ever against the U.S. dollar. As most of my income arrives…