The bond market indicator that has predicted every U.S. recession since 1970 shows that the economy has about a 60 percent chance of contracting within 12 months. The so-called Treasury yield curve, adjusted for distortions caused by the Federal Reserve’s record low zero to 0.25 percent target interest rate for overnight loans between banks, shows …
Category: Economy & Markets
“When Should I File for Social Security Benefits?”
It's the question every Boomer needs to answer. Rich or poor. Whether you'll need Social Security to make ends meet or whether you intend to use it to fund an investment program for yourself or, say, your grandkids' education. Or anything else in between. Unfortunately, the answer to that question is complicated. The accumulation phase …
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Yes, There Is Such Thing As A Free Lunch: It’s Called Immigration
(As an immigrant myself, having come to this country in 1950 and gained citizenship in 1959, I think I have some standing in this discussion. TK ) Nick Schulz, writing for Forbes Magazine The pathetic American economy could use a boost right now. But everything being considered in Washington comes with a high price tag. …
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Fed Governor Urges More Help for Homeowners
From the Financial Times, by Shahien Nasiripour in New York Homeowners across the country struggle to be responsible citizens and make timely payments on their home mortgages. For millions, this is a priority and as a result, other discretionary uses of their money get set set aside. The vacation trip, the weekly visit to a …
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US car sales rebound strongly in September
US car sales rose strongly in September, with gloom over economic prospects offset by consumers’ need to replace old vehicles, easier credit conditions and an improved supply of Japanese vehicles. According to preliminary data, light-vehicle sales climbed to slightly more than 13m units at a seasonally adjusted annual rate, from 12.1m in August and 11.8m …
China Anyone?
Amid all the talk about Europe, about who is running for President in this country in 2012, you’ll find comments about what China is doing, and whether they present a threat to us, be it economic or military or whatever. As we wonder how we are going to solve our problems, be it unemployment, housing, …
Expect Nasdaq’s erratic rally to end in tears
I tried to promise that I would be loss gloomy going forward but it’s turning out to be a difficult task. One positive thing we have going for us is the investment platform that I started using for virtually all clients in the past couple of months. While market crashes are always traumatic, if you …
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Capital Market Insights – OCTOBER 3, 2011
Here is your Weekly Insights update from Curian’s Asset Management Group. This informative capital market update is designed to help those who want to manage your own money stay informed about important developments in economics and the markets… CONTINUE READING …
The New Rules:
Tom Barnett is a self described strategic thinker. His focus is on what is likely to happen several years down the road, whether its political, military, demographic or whatever. It's sometimes difficult for me to worry about what might happen several years away when the here and now is driving us up the wall. But …
The Mythical Social Security Crisis of 2011
Even without congressional action, the retirement system won’t go broke for decades, so why all the fuss? It’s all about scaring voters. By David Morris, Senior Political Editor, The Kiplinger Letter That’s right. The sky is not falling. It’s not, as retiring rockers R.E.M. would put it, “the end of the world as we know …
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