Daily Crux reader,
Here is your Crux PM update:
The nightmare scenario in Detroit just got worse
"Those with nothing left to lose are becoming more daring, more aggressive, and more ruthless..."
Must-see graph shows this "boring" investment rule still works
"While it may have felt like diversification failed during the downturn, it didn't..."
Top analyst Rosenberg: QE3 is a failure
"This is the first time after any major central bank incursion that 13 days after the announcement, the stock market is lower..."
The story behind Apple's massive iPhone blunder
"Great packaging and elegant design will only get you so far..."
The U.S. government could be sending a quiet warning about student loan debt
"I can see riots and protests down the road on this issue..."
Regards,
Justin Brill
Managing Editor, The Daily Crux
www.thedailycrux.com
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