Why Government Bailouts Actually Lower GDP Growth Potential
When the applause among Democrats and recriminations among Republicans begin to quiet down — probably within the next few days — the President will have to make some big decisions. The biggest is on the economy.
Obama Topples Top Coup Leader After Washington Gunbattle
New Report Shows Huge Shift in Sentiment for the Retail Sector
Those on the edge of retirement may be forced to take a step back. By taking “income” out of “fixed income,” the Federal Reserve has made retirement a pipe dream for many. And you can send all your letters of thanks to Federal Reserve Chairman Ben Bernanke.
While oil prices have fallen to the $85.00 level, the price of gasoline continues to be stubbornly high, and you can blame this on the greed of the big oil companies.
Despite the decline in oil prices, it still costs me over $100.00 to fill up my gas-guzzling SUV.
How the Once-a-decade Political Transfer in China Affects U.S. Corporations
Budget Deficits Grow as Millions of People Continue to Evade Taxes
Could These Sneaky Taxes Bring Down the U.S. Debt?
Why Americans Should Worry About Weaker German Data
You Know Inflation’s a Problem When the Cereal Box Gives Away Gas Cards
Elections are important, maybe even the cornerstone of a democracy; but sometimes voters are just too busy to listen to everything being said by the Obama or Romney camps. Thank heaven sound bites can sum up everything we think we need to know.
Here are some recent tidbits from Capitol Hill:
The U.S. Department of Labor recently said that unemployment plummeted in September to 7.8%—the first time the rate dropped below eight percent since February 2009. (Source: “Employment Situation Summary,” Bureau of Labor Statistics, October 5, 2012.)
What happens in China will have an impact on the U.S. economy and the global economy. The linkage between economies worldwide has become more profound over the past decade. This is why, as an investor, you need to be fully aware of the situation across the Pacific.
The state of the Chinese economy continues to ramp up heated discussion specifically concerning the immediate need for further monetary stimulus to drive domestic consumption in China.
Is the Cold War Heating Up (and How Would it Affect Your Wallet)?
Having been relegated to the history books, the Cold War between the West and the East appears to be heating up again. On one side, we have increasing tensions with China; U.S. politicians claim that China is a currency-manipulator and China has massively increased its spending in defense, which is threatening the security in that part of the world. If we look to the Middle East, tensions are now rising with Russia.