Economy
Anytime you have to redraw or resize a chart to accommodate one piece of data – a severe outlier, if you will – you have to talk about it. Since…
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The following debt facts were published in an article by Jill Schlesinger of CBS Money Watch in February 2012. They are an excellent recap of our nation’s debt from 1791 to now. Read…
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For those of you who don’t spend your days and nights thinking about the intricacies of the global economy, sorting out what really triggered the onset of the 2008 recession…
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For the majority of Americans who don’t own second homes, why should they care if the second home mortgage deduction is eliminated? With more than 11 million residential mortgages underwater,…
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For most of the past two years, investors have been pre-occupied with the fiscal catastrophe in Europe – and with good reason. However, the relative health of the world’s second…
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Just as with every month, traders focused particular attention on the March employment report, which was released after the markets closed for the week. It was fortunate that markets were…
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Last week, two key reports on the state of the financial and consumer sectors were released. By all accounts, the consumer deleveraging cycle remains intact, despite an apparent willingness on…
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Every few months, inflation or deflation resurfaces as the featured topic of discussion. There seems to be an even divide of individuals who believe inflation is a foregone conclusion and…
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Consumers are an integral cog in the American economic engine, but since the financial crisis hit its crescendo, consumers have been under high attack. By most traditional measures, the economy…
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Overall, last week turned out to be yet another volatile one for the global markets. I have used terms like “dichotomy of markets”, “financial schizophrenia”, and plain old insanity to…
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