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European Debt Crisis
The most annoying thing about old Wall Street adages like “Sell in May, go away” is that once in a while, they are actually true. Sure, most of the time it makes sense to be invested during the summer months.  If history is any guide, they are more likely to be positive than negative.  But...
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For a year that started with one of the best first quarters in history, the second quarter has proven to be something of a disappointment. On the first trading day of June, the U.S. averages had their worst performance of 2012, pushing the Dow Industrials into negative territory for the year. The S&P 500 is...
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Greece is no stranger to economic crises such as the current one. The country has been in debt since its independence and has gone through a cycle of borrowing and defaulting numerous times. Foreign powers have always had an interest in maintaining Greece’s stability, so previously they always agreed to refinance its debts. The only...
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