The abnormally low interest rates on bonds and other fixed income investments may be here for a very long time. That’s the word from the Bond King Bill Gross, CEO of PIMCO and world-renowned bond rate prognosticator. The effect of such low rates would be disastrous for the millions of retirees and near-retirees who rely […]
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It’s now 397 days to go before the 2012 London Olympics commence and it seems the media are determined to shock us over with the outrageous news that, duh, hotels are pricing themselves for the market conditions and hotel rates are skyrocketing. And there’s the clue – market conditions: was there ever a law against pricing a product according to what people are prepared to pay? Look at footballers: we all shake ou
