Listening to a financial advice radio show the other day, we heard the host express an all-too-common (and very dangerous) sentiment about the strength of today’s market. A caller had doubts about the sustainability of recent market highs, given the extent of Quantitative Easing by the Federal Reserve, and asked the host if he didn’t […]
Last Monday former Federal Reserve official Andrew Huszar wrote an astonishing mea culpa in the Wall Street Journal regarding his role in implementing and managing Quantitative Easing. He apologized to America and confessed that QE, though sold to the public as help for Main Street, has really been “the greatest backdoor bailout of Wall Street […]
As QE3 looks more like QEternity, with non-stop money printing, here’s what the most powerful bankers know what the fallout may be, and how to stay protected.
So you can’t visit a national park right now without hopping a barricade. Some 800,000 “non-essential” federal employees will be off the job for the time being, and over 1 million federal workers might have delayed paychecks. There will be delays at the Veterans Administration, which is otherwise so prompt to serve those who served […]
In recent week, experts have cited a number of reasons for gas prices to surge. But here’s one of the most overlooked (and likely) reasons for prices to take off, and how it can affect your investment savings.
The controversy over who will be the next Federal Reserve Chair just took a surprising turn. Widely considered to be the frontrunner and President Obama’s clear favorite for the job, Larry Summers has withdrawn his name from consideration in a shock move Sunday. How may the fallout affect the markets? Read our take.
The Syrian conflict dominating news headlines is already gyrating markets and forcing onlookers to assess the financial impact of the evolving events. Obama: Engagement is Inevitable President Obama, during remarks to reporters in 2012, set a ‘red line’ with respect to the use of chemical weapons by the regime of Bashar al-Assad, assuring retaliation in […]
Former Fed economist David Jones has asserted that Ben Bernanke will initiate a new round of Quantitative Easing by the end of this year.
Minutes from a recent meeting shows that the Federal Reserve is likely to deliver another round of monetary stimulus very soon.
Goldman Sachs has advised their clients to sell stocks now in advance of what they predict to be a drastic fiscal change to the country at the end of the year.
