Rogoff Sees World Wishing It’s America Year After S&P Downgrade By Rich Miller, Inyoung Hwang and Charles Mead, from BLOOMBERG Global investors can’t get enough American securities a year after Standard & Poor’s Corp. downgraded U.S. government debt. The dollar has outperformed its peers in the past 12 months, rising by 10 percent against a basket [...]
Tag: "WELLS FARGO"
Gold Market Is a ‘Bubble Poised to Burst,’ Wells Fargo Says By Debarati Roy, from Bloomberg Speculative demand from investors has pushed the gold market into a “bubble that is poised to burst” after prices surged to a record this year, Wells Fargo & Co. said. “We have seen the economic damage” of past bubbles [...]