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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Gary105 who wrote (92919)	7/12/2011 1:56:04 PM
From: puborectalis	Respond to of 94695

Unemployment is at 9.2%, the ruins of the U.S. housing market are still smoldering after the 2008 bonfire, and Greece, Italy and Portugal are balancing on the razor’s edge of default. But the rich, as they tend to do, are getting richer. In fact, there are more rich people on the planet today than before the credit crisis destroyed Lehman Brothers and Bear Stearns and nearly crippled the U.S. financial industry. A study from Capgemini and Bank of America Merrill Lynch showed that the World’s population of High Net Worth Individuals (HNWI) with $1 million or more in investable assets (read, extra cash) jumped 8.3% over the last year to a total of $10.9 million people. That number is up from the 2007 estimate of 10.1 million tycoons.