Daily Pfennig® | Economic happenings around the world
Good day. I’ll start this morning’s Pfennig with a quick correction. Many readers emailed me after spotting my error in referring to Stephen Poloz as the new Prime Minister of Canada. Mr. Poloz was not elected to replace Stephen Harper,…Read More
Good day. Storms knocked the power out at my house last night, so I woke a bit later than I wanted to and had to scramble to get ready by the light of my phone (yes, I have finally caught…Read More
As readers of the Daily Pfennig® newsletter know, both Chuck and I were out of the office last week giving presentations on opposite sides of the country. Chuck was holding court in “Sin City” at The MoneyShow Las Vegas and…Read More
Since February, this “currency” has appreciated 485%. No, that’s not a typo.
Despite these huge gains, until recently most people had never even heard of it. In fact, one website reports that earlier this month someone asked Paul Volcker, former…Read More
Good day. I am in a bit earlier than usual this morning as I want to try and wrap some things up before I have to rush out the door in hopes of getting to the airport on time. But…Read More