Word: mightly
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...euro and yen top the list of must-watch "funding" currencies for 2010, but that prognosis might change as the year unfolds. Like Greece, both Britain and the U.S. have dangerously high levels of outstanding debt, largely due to stimulus spending and bailouts intended to get their respective economies back on their feet. While this might spell trouble for the dollar and British pound, it's a looming opportunity for those who ply the carry trade...
...deal with the situation Wednesday, and the issue was expected to be at the top of the agenda when European Union leaders meet in Brussels on Thursday. Investors are watching closely for any sign of agreement - the euro rose against the dollar Wednesday as it appeared that a bailout might be imminent, then fell following signs from Germany that a plan may not emerge this week...
...over-year condo prices were up 15% in January - but it's still not the best time to be betting on real estate. "Things could still be peachy and wonderful," says Chris Shaw, an ophthalmology professor at the University of British Columbia and a vocal Olympic critic. "But they might not be. The whole Village fiasco leaves the city with fairly dangerous exposure...
...much needed prime-time-ratings boost. But now they may be cursing their continuing bad luck. That's because American skier Lindsey Vonn, the blond speed beauty whose quest for five medals over the two weeks of the Olympics was supposed to boost ratings to Michael Phelps-ian levels, might be forced to sit out these Games. (See 25 Winter Olympic athletes to watch...
...Vonn's shin hurts even though she's not applying any pressure. Imagine how it would feel trying to navigate the gates while flying at 60 m.p.h. down a mountain. During the Torino Olympics, Vonn crashed during downhill training and was airlifted to a nearby hospital. Doctors thought she might have fractured her pelvis and suffered massive head trauma. The injuries were not as serious as originally feared, and she was able to race two days later. Alarmingly, Vonn considers this current situation worse. "I feel like, with a back injury, it's easier to push through," she says. "With...