caracas-stock

Soaring Caracas Stock Exchange Undergoes 1000 For 1 "Stock …

For generating the greatest “wealth effect” and highest return of any global stock market in the world in 2013, the Caracas stock exchange, which closed the year at the ripe level of 2.7 million, is getting surprisingly little attention or love (maybe because unlike other countries, here unpleasant inflation from currency debasement is a coincident indicator resulting in such things […]

And The Best Stock Market Of 2013 Is… | Zero Hedge

With the world watching mouth open at the 30% gains in the US equity market (and 57% gains in Japan), the Venezuelans are cock-a-hoop at their wealth-generation this year… a sprinkling of totalitarianism, nationalization, toilet-paper shortages, and hyperinflation and, drum roll please… the Caracas Stock Index is up a disappointed-not-to-make-it-to-500%, 480% in 2013… (time to greatly rotate and chase that […]