From Bloomberg Businessweek, August 15, 2011 You would think that abysmal growth and jobs data, the first ever downgrade of U.S. debt, and heart-stopping gyrations in the financial markets would impel political leaders to at least take a look at some of their assumptions about restoring confidence in the U.S. economy. Sadly, you would be …
Category: Economy & Markets
Demographics: Its Global Impact …
Economist article on how Japan is learning to sell to old people. Japan is a bellweather country as it's farthest along in this demographic aging process. As the conflicts in the Middle East wane over the next decade, the conflicts that arise across the globe will be a result of limited resources such as food, …
A Crisis of Political Economy
I don't know how long this 10 minute webcast will be available but if you are interested in current politics and its impact on economic matters, I encourage you to find ten minutes and listen. While I don't agree 100% with what is said, it's very interesting. Click here to watch...
A Quick Tax History: How Did We Get Here?
I don't often follow FOX Business news since I think they are more in the entertainment business than the valid information business. But here is an interesting article that gives an overview of the US Income Tax Code and it's history. READ IT HERE...
Capital Market Insights – August 15, 2011
Here is your Weekly Insights update from Curian’s Asset Management Group. This informative capital market update is designed to help you stay informed about important developments in economics, the markets, and … Continue reading...
S&P: Debt default skeptics fueled ratings downgrade
By JOSH BOAK A Standard & Poor’s director said for the first time Thursday that one reason the United States lost its triple-A credit rating was that several lawmakers expressed skepticism about the serious consequences of a credit default — a position put forth by some Republicans. Without specifically mentioning Republicans, S&P senior director Joydeep …
Continue reading S&P: Debt default skeptics fueled ratings downgrade
Comments from Ric Edelman
Ric Edelman runs a company from whom I contract investment management services for my clients. Ric has build an organization that now has over $4 billion under management. That alone says something about his skills and reputation. The following is from an email he sent out to all of us earlier this week. It confirms …
Today’s Observations… Thursday, 11AUG11
As I analyze the many blogs and articles that stream across my inbox talking about the current financial issues, one clear takeaway is that there are political crises and there are financial crises. Yes, there is overlap and in the short term great uncertainty as they both operate in tandem. But increasingly, I think what …
A Vexing Question
As we all know, the origin of the current financial crisis was the subprime mortgage meltdown in the United States. To be more precise, it originated in a financial system generating paper assets whose value depended on the price of housing. It assumed that the price of homes would always rise and, at the very …
Crisis? What Crisis? – Part II
Last Wednesday saw the market drop 512 points. Yesterday, Monday, saw the market drop 634 points. The blogoshere and the internet in general, talk radio and TV is awash with pundits waving their arms and running off at the mouth. Is it a financial crisis, a political crisis, both, how long will it last, what …
Helping Define Your Financial Future 