We now joke that the military voted down its own constitution. Last week the NRC rejected the 2015 draft constitution with only 105 voting yes which is short of the 124 required to send it to a nationwide referendum. So what? Well elections are now definitely NOT happening in 2016 because this means things will […]
Read More →Source: The Economist
Read More →…he said something about investing that I keep going back to: “It’s not supposed to be easy. Anyone who finds it is easy is stupid.” Source: Oaktree Capital Sit back, grab a cup of coffee and be prepared to spend your whole morning reading, re-reading, and highlighting this latest memo from Howard Marks.
Read More →CB Leaves Rates On Hold as Investors Look to Draghi for QE Hint – The European Central Bank left interest rates at record lows, shifting the focus to President Mario Draghi’s press conference for clues on whether he sees a need to step up stimulus. The 25-member Governing Council kept the main refinancing rate at […]
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