 |
|
Subscriber Questions About the Current Stock Market | RSS.com Harry from North Carolina read a report warning about the “go nowhere” market of the mid-1960s to the early 1980s, and wonders if today’s market resembles that one. If so, would bonds and CDs be better than stocks? Mike from Slingerlands, New York notes that the […]
Good morning! Here’s what you need to know: Republican Victory Day Voters “in a foul mood” over government spending and persistently high unemployment are expected to repudiate President Barack Obama’s Democratic party today by putting Republicans back in control of the U.S. House, and in stronger position in the Senate. Stuart Rothenberg of the Rothenberg […]
Good morning! Let’s take a look at the currency crisis. Simon Johnson at Project Syndicate says the brewing currency wars are not just China’s fault, though it “certainly bears some responsibility.” He mostly blames “Europe’s refusal to reform global economic governance, compounded by years of political mismanagement and self-deception in the United States. … the […]
Good morning! Here’s what you need to know: ______________________________ OVERVIEW Do We Need The Federal Reserve? | We once did fine without it and we seem to be hankering to end it. New Google Price Index Shows Deflation | Since official stats are slow, the much faster Google stat is the one to watch. How […]
Good morning! Here’s what you need to know: ______________________________ OVERVIEW The Fed is willing to provide additional accommodation to spur growth. Gold is soaring in anticipation of more dollar-destroying action from the Fed. Larry Summers is quitting his job as Thrasher in Chief of the US Economy. If you’re rich, you’ll pay higher taxes next […]
