Google Overtakes Apple as Top U.S. Mutual Fund Holding - http://www.bloomberg.com...utual-fund-holding.html



Apple was the star last year, now it's google and pit talk is $1000 price target just like Apple. The slaughter will be awesome...

@youcant - yes. The can has been kicked for too long without any fix since GFC. One systemic risk blow out with all the tsunami printing and it gets really murky.

Meanwhile Italy has been downgraded by Fitch - http://online.wsj.com/ar...578348371705282616.html

I can see that UK has won the election - http://www.reuters.com/a...t-idUSBRE92717V20130308

Kenyans don't sleep. Glad it's over and KE gets back to work. NSE20 setup is the best I've seen out here for a while. It'll vault very hard against the extreme one-sided selloff expectation. Mr market dislikes extreme sentiments (bullish or bearish).

Standard Chartered Bank has just moved its Africa HQ from the UAE to SA where they have no retail presence http://www.privateequity...elocates-from-uae-to-sa/

@Hisah. Yes, I saw the billionaire tax exile. Some Americans are opting for states such as Texas while fleeing California or New Jersey which now has an "exit tax". So, we have intra-national suburbanization.

The French do not have that luxury and are fleeing to Belgium and Russia. One of the links I shared some time back spoke of a major boxing match taking place in China due to taxation. South East Asia is seeking an influx of Americans and Europeans who are seeking employment and investment opportunities. Americans are taxed on world-wide income, so the need to renounce citizenship. Here, we have international suburbanization.

Tax revolts have taken place numerous times over history. One of the most popular was the "Boston Tea Party". It all began with the British Parliament imposing a Stamp Tax on the American colony in 1765 to fund the war with France. Later on was the Tea Act of 1773 which triggered the "Boston Tea Party". Bourne out of this was the Revolutionary War and the 1776 Declaration of Independence.

But they say gold is a bubble and a horrible investment...



https://www.marketwatch....arket-in-gold-2013-03-06

This is sad and raises a red flag on the Libor loans getting into KE/SSA. However, by then either those ccys will have gone bust & or borrowers/lenders will get screwed. Flag that @hisah - tusisahau

So the new Archbishop of Canterbury used to be an executive at Elf!
How they ripped off Nigeria:
http://www.dailymail.co....igerias-oil-riches.html

Oil+Religion - odd bedfellows one would say...

11 Awesome Math Tricks That Will Make Your Life So Much Easier - http://read.bi/15HBZjf

Chinese Ambassador, Liu Guangyuan, delivering congratutory message from President, Xi Jinping

Some big money managers prepare for when interest rates rise.

"Don't fight the Fed" has been a market mantra for the past four years. But some bond investors are preparing for a change, reports the Wall Street Journal's "Abreast of the Market." Figuring that the Fed won't be able to keep a lid on interest rates forever, large money managers such as BlackRock (BLK), TCW Group, and Pacific Investment Management Co. are getting ready for the day when rates take their first turn higher. It isn't coming anytime soon, these investors say. But when it does, they worry, the rise will be swift and steep

Watch for that BlackRock!!!

http://online.wsj.com/ar..._LEFTWhatsNewsCollection