The Lowdown on Davos
At this time of year of year in Europe, the newspapers and financial television channels swarm all over the World Economic Forum at Davos, Switzerland. The annual gathering has established itself as the must-attend conference of government leaders, multinational CEOs, economic gurus, and the world's richest businessmen.
Davos has always acted as a barometer of global sentiment, a measure of the global "one percent's" conventional wisdom. I've always preferred to view Davos as a global contrarian investment sentiment indicator. Sell whatever Davos is buying, and buy whatever it's selling....546 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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