Apple and the Swiss Franc

I came across this article a couple weeks ago:
Source: Bloomberg
This is a fascinating snapshot of how absurd and distorted the worldwide financial system has become the past couple years. The global central banks have created so much money the past so many years that yields for certain securities have gone to zero and in some cases are negative. 
Think about that for a minute. In this scenario, an investor is buying a bond that will pay no interest and will only return the principal at the...
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Published on March 19, 2015 06:40
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