Here’s a quick, executive summary of stories from this abbreviated trading week, with a link to the full articles online. Friday was a market holiday in the U.S.
Sovereign Debt Bust Looming
The great asset bubble of our time is none other than bonds, especially government bonds. And not just bonds issued by countries on the brink of default. Get Martin D. Weiss’ take on the situation here.
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| A worrisome trend in the current economy: the move toward robots and artificial intelligence replacing humans. |
What the Rise of Robots Really Means
The trend toward robots, artificial intelligence and machines learning and replacing good old flesh-and-blood humans is worrying Jon Markman. Read why here.
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| Much of the world’s investment money will rush to U.S. stocks as the rest of the world becomes increasingly risky. |
The Cemetery for Your Wealth
Government (sovereign) bond markets will soon be destroyed. Owning any sovereign debt of Europe, Japan or the United States will be akin to creating a cemetery for your wealth. At least, that’s what Larry Edelson is saying, and he lays out his case here.
To Greece and Back …
Mike Burnick gets the views of the people on the streets, direct from Athens. Get the views of his journey to Greece by clicking here.
The Week’s Hot News
Money and Markets columnist Mike Larson takes a look at key financial and political events around the globe after the markets close. Here are the week’s highlights:
Any Governments NOT Going Broke These Days?
That’s the question Mike is asking himself. He looks at troubles in Greece, China and even Puerto Rico. Get his views by clicking here.
Brace for the Impacts …
Mike reports on the latest developments in the negotiations over Greece’s debt as part of Money and Markets’ continuing coverage of the crisis. Click here to read more.
Government Bonds Routed
Sovereign debt and ETFs holding those notes are getting routed in the current market. How bad is it and how can you safely invest in this environment? Mike takes a look.
Best wishes,
The Money and Markets Team
{ 2 comments }
Were’s the love. very sad indeed.
I would monitor this board a little more closely. Unfortunately, we have some people with very profound problems visiting.