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A lot of the world's leading equity markets for the year 2009 hit fresh highs, encouraging investor appetite for riskier assets leading to a loss for the US currency. With the absence of fresh positive US economic data, market participants appear to be trimming some of their recent bets ahead of year-end.
Barton Biggs of New York-based hedge-fund firm Traxis Partners LP and Marc Faber, publisher of the “Gloom Boom & Doom” newsletter predict gains for US equities and the dollar.
Getting unceremoniously dumped by your brokerage or mutual fund company is a pretty extreme outcome. By contrast, many firms go to considerable lengths to keep customers content by funneling their complaints to dedicated groups that have been set up to handle disputes.
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