Tag: psychology

June 22, 2013 0

Fairy Tale Investing: "Believing in Bernanke is like believing in Father Christmas"

By News Desk

Fairy Tale Investing: "Believing in Bernanke is like believing in Father Christmas" Posted by Michael Shedlock at 1:30 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s).

June 19, 2013 0

European Car Sales Hit 20-Year Low; Don’t Worry, Things Have Stabilized

By News Desk

NPR reports European Car Sales Hit 20-Year Low For May . Country by Country Details Passenger car sales dropped by 5.9% from May 2012 in the 27-country European Union to 1.042 million units, the lowest level since May 1993 German car sales dropped 9.9% in May, Italy was down 8%, France down 10.4%, Spain down 2.6% PSA Peugeot-Citroen, Renault, Ford, General Motors and Fiat all suffered double-digit declines in May Volkswagen had a 2.8% drop in brand sales and 5.9 percent decline for the group