As of this writing, Greek lawmakers hadn't voted on the proposed $38.9 billion austerity plan yet. This impending vote was a necessary step in moving toward a resolution of the ongoing debt crisis Greece has been mired in. Of immediate concern was that Greece would not receive its next tranche of International Monetary
Billionaire George Soros rattled a lot of teacups in Europe last weekend by predicting "economic collapse".
The legendary investor declared, "We are on the verge of an economic collapse which starts, let's say, in Greece, but it could easily spread. The financial system
Wow! When a stock jumps 15.58 percent in a single day you do have to pay attention. What made it happen? Is it part of a trend?
The stock that blew away the competition in a dismal market last week was China Automotive Systems (CAAS). Shares of CAAS have been in a sickening slide since the beginning of the year. That was