Markets have long been touted as amoral entities, but sometimes law and morality intersect in the most obvious manner. SEC decided to prevent four penny stock companies from selling shares because of their claims of working on Ebola cures. The reason - they did not provide adequate information to back their claim. The current Ebola outbreak produced around 5,000 deaths, making it the largest … [Read more...]
Dollar Still in Strong after Ten Month High
As the U.S. Economy is following an upward trend, it is only logical that the dollar would follow in its footsteps, and consequently, the dollar has indeed stolen the limelight this week. It rose to a 10-month high and continued to strengthen its position against most foreign currencies. On Wednesday, the dollar index managed to rise to 81.545 on the strong waves of the US growth figures as well … [Read more...]
