For years, Richard MacDonald’s investments with Financial Resources Mortgage in Meredith seemed like a sure thing. His deposits, which totaled more than $1 million, helped finance building projects across Northern New England. Interest checks arrived in the mail every month. And MacDonald felt secure knowing the construction sites were within an hour or two of his Boston home. READ MORE »
Posts tagged private investors
European Stocks Already Priced for Economic Slowdown, RBS Says
Investors should buy European equities even as economic reports from the U.S. to China suggest global growth is faltering because stocks have already priced in a slowdown, strategists said. READ MORE »
European Stocks Already Priced for Economic Slowdown, RBS Says
Investors should buy European equities even as economic reports from the U.S. to China suggest global growth is faltering because stocks have already priced in a slowdown, strategists said. READ MORE »
Sub-prime lending rises from the ashes
Sub-prime mortgages blew a $2trillion hole in the US economy and caused a worldwide meltdown in financial markets, stopping just short of igniting a second Great Depression. Well guess what – sub-prime lending is alive and well again in the US. READ MORE »
European Stocks Already Priced for Economic Slowdown, RBS Says
Investors should buy European equities even as economic reports from the U.S. to China suggest global growth is faltering because stocks have already priced in a slowdown, strategists said. READ MORE »