Posts Tagged ‘drop’
US Dollar Losing Steam
Friday, December 12, 2008 19:02 No CommentsThe 2008 US dollar rally is losing steam and may be coming to an end. I know that the run up in the currency left many in the financial world scratching their heads. How can the currency of a collapsing economy strengthen? Why, when trillions of new dollars are being created out of thin air, [...]
Harvard Endowment Fund Down 22%, Expects Worse for 2009
Wednesday, December 3, 2008 12:07 3 CommentsHarvard and Yale endowments are known for their stellar long term performance, though even the “smartest guys in the room” are not immune to this collapse.
Harvard endowment recently reported a 22% drop in the funds value from a year ago. The 22% drop does not include the drop in assets which are managed by external [...]





















