Weekly Market Outlook: Pfäffikon SZ – Finally, the S&P 500 closed above the important level of 1850 points. The differences were small last week. The record position in the S&P 500 was achieved with an average volume. The DAX gained 0.36% , the AEX index lost 0.45% and the S&P 500 gained 1.25% . It […]
Pfäffikon SZ, Switzerland – On 12 October 2008 Hank Paulson, the then Secretary of the Treasury of the U.S., met with representatives from the nine largest banks in the country. Paulson is not known for tiptoeing around. It was soon clear that Paulson played a tough game. Each bank was given a $25 billion injection […]
Current Market Outlook: Pfäffikon SZ -Reassuring words from the FED President pushed the S&P 500 to a new all time high. Where investors tipped especially Europe as lucrative region for 2014, it is once again the U.S. that sets the tone. Coming month, the bull market is five years old. Historically, this bull market would […]
Pfäffikon SZ, Switzerland – Op 12 oktober 2008 nodigde Hank Paulson, de toenmalige Secretary of the Treasury van de VS, de vertegenwoordigers van de negen grootste banken van het land uit. Paulson staat erom bekend niet om de hete brij heen te draaien. Al snel werd duidelijk dat Paulson het spel keihard speelde. Iedere bank […]