Yen Rises While We Don't Pass Stimulus
Bloomberg today reports that the yen rose against the dollar after "the U.S. government delayed the announcement of a financial- recovery plan." Traders took refuge.
"Japan’s currency gained as U.S. stock-index futures dropped, spurring investors to trim holdings of higher-yielding assets funded in the yen. The Norwegian krone climbed against most of the 16 most-active currencies after Norway said it would inject $14.8 billion in capital to revive bank lending," according to Bloomberg.
Malcolm Gladwell teaches "Get over yourself and get to work" for Big Think Edge.
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- At Big Think Edge, Malcolm Gladwell teaches how to check your inner critic and get clear on what failure is.
A new study, led by psychologist Jean Twenge, points to the screen as the problem.
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