ShareAs you know this week, I’ve been writing about insurance! As important as insurance is to the most basic personal finance concepts, it can become a tab bit dry from time to time. So, I wanted to take a break today and show you the current rate of unemployment and how it’s progressed through [...]
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Category Archives: Economic Commentary
Stock Market News and Numbers
Share1. BACK TO WHERE IT WAS – The S&P 500 hit a 15 ½ month closing high on Tuesday 1/19/10. The stock index closed at 1150 on that day, the highest close for the S&P 500 since 10/01/08 when it closed at 1161. The S&P 500 is an unmanaged index of 500 widely held stocks [...]
Don't Let the General Economy Dictate Your Economy
ShareThere is no question that we are “smack dab” in the middle of one of the worst job markets ever statistically.
Everyday, we’re deluged with information about the unemployment rate rising, corporations planning layoffs, how things used to be before 2007, etc. All the while, the stock market is going up and we’re technically out of [...]
Central Banks Have Been Net Purchasers of Gold Since the Second Quarter of 2009
ShareWhen I posted that Central Banks and Investment Banks like Goldman Sachs would ultimately be the biggest buyers and profiters in the gold market, people had a good laugh. It’s no longer an opinion.
“This is unprecedented and is a fair reflection of the changed attitudes in the official sector towards gold and its role [...]
Predictions for 2010
ShareThe following are my predictions for 2010. Of course these are just my predictions and by no means investment advice. For these predictions, I do not pretend to know the exact dates, I just believe they are coming. You should only use these as a means to do further research if you believe there is [...]
Trillions of Troubles Ahead
ShareQuite an interesting article on the debt problem in the U.S. As this article points out, when evaluating the debt burden, we have to consider the Federal, State and personal debt levels, not one or the other. Then we have the coming wave of entitlements that has to serve the baby boomers. The crash [...]
US needs plan to tame debt soon, experts say
ShareTo consider politicians are going to tame debt In an election year? Or at all for that matter?
No one can spin the numbers to say that the current track we are on is not going to have an impact on our future. At some point debt simply becomes unsustainable or and can’t be paid back. [...]
The Geography of a Recession
ShareIs the recession over? I really wish I could say yes however; until there is a market improvement in unemployment, it’s a hard argue to make.
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PIIGS and The Debt Crisis
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Image by Getty Images via Daylife
Lately, you’ve heard of PIIGS? I’d imagine your next thought is what are these people referring to? No, it’s not that farm animal in your head. I typically write about personal finance topics. You know things like getting out of debt, how to plan for retirement, etc. However, in order [...]
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