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Sometimes it pays to get lucky! Was the car lucky in the above photo? When it comes to potential “close calls” the price action on a weekly basis in the S&P 500 ETF (SPY) might not get any closer!
The “weekly” closing high last week was within 50 cents of the weekly closing high back in 2007! Odds are low that this unique will stay, yet if it [...]
Extreme rainfall from Tropical Storm Debby virtually wiped out long-standing drought across Florida, but continued dry weather across the rest of the contiguous U.S. led to the most widespread area of abnormal dryness in the 12-year history of the U.S. Drought Monitor report.
Florida: Rapid Reversal
Debby brought widespread rainfall totals of 5 inches or more to much of central and northern Florida, particularly from the 24th through the 26th. Some locations [...]
The 3 Greek parties didnt approve repayment of a €436m bond due on Tuesday. If no payment occurs there is a 30 day grace period before default
As if the Greek situation wasn’t messy enough, a missing paragraph from a key legal document is throwing a wrench into a debt deadline.
Greece has a 436 million euro principal repayment due Tuesday. So far, the country has not decided what to do.
Under normal Greek-debt [...]
From Economic Policy Journal:
There is quite a bit of discussion on the net about a topic that five years ago would have been relegated to a handful of short-tempered movie stars and manufacturers of smart-phone components. That topic, leaving America, has now taken on a much different tone. It’s no longer a passing threat; it’s slowly becoming a solution for many Americans who feel that as difficult as emigrating from the [...]
by Simone Foxman
Markets have been relatively calm recently after some unprecedented actions by the European Central Bank and headlines appearing to confirm that Greece is likely to get its second bailout.
However, that second point is still arguable—and will likely be decided on March 12.
That’s the deadline for private sector bondholders to register to take part in the bond swap deal, determining the level of participation and whether or not Greece will go through [...]
The 3,000-plus passenger Carnival Splendor set sail February 19 from Long Beach, California.
(CNN) – Twenty-two Carnival Cruise Lines passengers were robbed of valuables and their passports during a shore excursion in the Mexico seaside resort of Puerto Vallarta, cruise officials said late Saturday.
The passengers were robbed Thursday during a guided trail excursion, according to a statement released by the cruise line.
The cruise line did not provide details of the robbery, saying [...]