World Stocks Rise in Thin Trade, Bond Yields Fall
Nov 28th, 2008 | By Contrarian Profits | Category: Financial NewsWorld stocks edge up… Crude oil falls, trades just above $51 a barrel… U.S. dollar firmer, U.S. bonds rise
World stocks edge up… Crude oil falls, trades just above $51 a barrel… U.S. dollar firmer, U.S. bonds rise
U.S. stocks open slightly lower in thin holiday trade… Retailers fall on worry about weak “Black Friday” sales… Energy shares pressured as oil prices slip below $53
“You will lose more in purchasing power (as central bank monetary inflation destroys the currency by printing enough to finance the higher stock prices) than you will ever net in gains…”