Bill Gross says near zero rates to last two to three years
The Federal Reserve is unlikely to raise interest rates for two to three years with policymakers on hold for a long time, Bill Gross, founder and co-chief investment officer of Pimco told a Bloomberg radio…
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Marc Faber lectures Abu Dhabi on asset allocation and tips gold
If Marc Faber had to choose one asset class for the next 10 years it woud be gold. Cash and US treasuries would be be his least preferred decennial investment. US equities would be a…
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Stock market begins long fall as jobs vanish say astrologers
It is very easy to dismiss astrologers warning of a crash on Friday as totally wrong but this very probably is the critical turning point in the long rally in global stock markets.
Pimco’s very…
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Hotel Review: the ultra-cool Armani Hotel in the Burj Khalifa, Dubai
Giorgio Armani’s first-ever hotel is in the world’s tallest building, the Burj Khalifa in Dubai. It is a most impressive and grand opening statement from this doyenne of high fashion. And prices are not as…
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Gold sell-off to come with a stock market correction
Gold bugs will howl. But it is obvious enough that any major stock market correction – which must be looming on the horizon given this incredibly overbought rally now trading on very thin volumes –…
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China stress testing for a 60% property price crash, global implications?
The Chinese Central Bank is stress testing its banking system for a 60 per cent crash in property prices, according to a report filed by Bloomberg today. This is a greater fall than the 50…
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What to buy after a stock market correction?
OK so ArabianMoney is taking a view on a correction over the rest of the summer and into the autumn. Given the scale of the rally what has gone up so far probably has a…
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How best to invest for a stock market crash?
Thinking about how to invest for a stock market fall is a logical thing to do at the top of a massive rally. How much upside can be left in this rally? Is the writing…
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Solar tsunami on its way to earth, with video update
An unprecedented solar flare on August 1st should hit the earth today probably only causing so-called northern lights in the sky but with the possibility of damaging satellites and communication technology, and panicking stock markets.…
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Financial astrology targets August 6th
That excellent chartist Clive Maund (www.clivemaund.com) turns out to also be a devoted astrologer, although he does not often apply this to financial markets. However, he cannot resist warning his readers about the August 6th…
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