Bloomberg |
Cash Punished as S&P 500 Spenders Beat Savers in Buybacks
BusinessWeek The S&P 500 fell 2.8 percent to 1219.66 last week, the first decline since November. Concern that countries in Europe face defaults pushed the index down 11 percent since it reached an almost three-year high of 1363.61 on April 29. … S&P Downgrade Proves Absurd as Investors Prefer U.S. Assets |