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Stepping back from the ETC confusion

November 17, 2009

Following the lead of an FT article last week, FT Alphaville went exploring ETC's (exchange traded currencies) and noted (emphasis mine): As for the investor... it means a potential upside scenario of receiving all of the performance of a currency index, for relatively low management fees, but without any interest or dividend (no carry trade here […]

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57% of the deficit, visualized

March 14, 2009

Believe it or not, this next little pile is $1 million dollars (100 packets of $10,000). You could stuff that into a grocery bag and walk around with it. ...continued at What does one TRILLION dollars look like?

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