The US is drowning in debt and is doomed? No it’s not, if you also consider it has assets. It’s just another example of my crazy law of big number distortion.
The Investor
Good reads from around the Web. A research company called Mebane Faber wins my lesser-spotted post of the week award this Saturday for You are not a good investor, its disassembling of the vanities of stock pickers. ((Full disclosure: I am such. For my sins.)) First, the article calls up a fascinating study – The [...]
Curious about the government’s new Help to Buy scheme? Have I got the infographic for you.
Let’s hope politicians remember the golden rule in the Budget next week: “First, do no harm”.