Nothing much from the markets yesterday. The Dow fell 72 points. Gold went down $5.
Meanwhile, the Occupy Wall Street (OWS) movement goes on in America. And 70,000 Greeks “clash with police”, say the news headlines.
People are upset. They know something is wrong. But they don’t know what. The real explanation is too complicated. They won’t sit still for it. So, they look for scapegoats – the rich, the banks, the Chinese.
There’s a joke making its way around the internet. Goldman Sachs has decided to try to profit from the OWS protests. They’ve set up a “Rage Fund” that will invest in companies that make police batons, pepper spray, bandages and glass windows.
It’s a joke. But it may turn out to be a good investment strategy. Read more....