Negative sentiment crawled back into the capital markets approximately 2-week ago when FOMC chairman discussed monetary policy with member of congress during his bi-annual testimony. The chairman during the question and answer period discussed the potential tapering of the current bond purchase program which immediately took the rose off of the U.S. stock and bond…
The key component to keeping the economy strong is to regularly have money change hands. If the money is moving, then the economy stays strong. When the great recession began, and the housing bubble burst, a lot of money stopped moving. As it deepened, people lost their jobs, causing the money flow to become stagnant. …
I recently went and had my dog, Murray, micro-chipped. I mentioned to my boyfriend how awesome it would be if we could micro-chip children and possibly reduce the number of kidnapped and missing children in America. “That is a horrible idea.” He said, “Then the government would always know where you are.” “The government technically…
One of the leading causes of the great recession was the burst of the housing bubble. From around 2001 until 2006 housing prices climbed rapidly. Banks were not as tightly regulated and they were handing out loans to many people who really could not afford the payments. These people were buying houses that had inflated…
Over the past several years there has been a lot of financial talk on the news that have been strong enough to move the markets. One such item that has been repeated a lot is talk about “austerity measures.” This is especially common when talking about Spain and Greece and a few other European countries. …
The issue of employment is one of the hottest topics in the US. With millions of individuals struggling to find work and the economy recently posting negative growth, any pieces of good news are immediately greeted with joy by the economic powers that be. Last week we found out that the number of people employed…