As in “a picture is worth a thousand words”,
“un bon croquis vaut mieux qu'un long discours”,
"百闻不如一见", or "As the Chinese say, 1001 words is worth more than a picture."!
Italy joins the Euro in 2000, while Sweden stays out.
(1950-2019)
S&P 500 Percent Off High Since March 9, 2009
“The rich get richer and the poor get poorer.” This famous adage has its roots in a biblical verse in the Gospel according to Matthew 25:29: “For to everyone who has will more be given, and he will have abundance; but from him who has not, even what he has will be taken away .”
"The good news of a quick US recovery has a worrisome implication."
January 2020 - May 2020
As of April 2020.
"The environment today is not entirely dissimilar from the early 1930s, the last time a demand shock of a similar magnitude occurred."
Markets take great delight in wrong-footing the maximum number of participants.
Excerpt