The second presidential debate served up smoke, mirrors, sound and fury. However, it did very little to advance either candidate’s prospects. In brief, the Kabuki theatrical production was entertaining, but it may not have swayed many voters.
Shockingly, for all the tax rate rhetoric, neither candidate detailed a vision for avoiding a fiscal cliff calamity. If [...] [...more]
Three months ago, Europe’s never-ending drama and China’s economic slowdown were collectively crushing Asia Pacific exporters. Single-country ETFs representing places like Australia, South Korea and Taiwan had relative strength factors below 50, meaning that half or more of the entire ETF universe were beating them.
Then came the bailout dialogues.
In late July, the president of the [...] [...more]