It has long been argued since the beginning of the Federal Reserve’s quantitative easing program that bubbles are being formed and once they burst then the United States economy would be in worse shape than at the height of the Great Recession. Peter Schiff, president of Euro … [Read more...]
Report: Pay-TV subscriptions drop while streaming makes significant gains
It seems more Americans are cutting the cable cord in favor of online streaming capabilities. SNL Kagan, a private research firm, published the results of a study that discovered the total number of Americans who subscribe for cable, satellite and fiber television services declined … [Read more...]
Obama Band-Aid: Raising minimum wage is not a viable solution
United States President Barack Obama has been arguing as of late for a minimum wage of $10.10 per hour, an increase from the current federal $7.25. He garnered support from a large number of economists in January, but on Friday he received opposition from more than 500 economists … [Read more...]
Fed’s Dudley: U.S. economic prospects ‘reasonably favorable’
Although it has been a slow one, there have been some bright spots in the United States economic recovery, says New York Federal Reserve President William Dudley in a speech Friday. The central banker confirmed that it will not be walking away from an accommodative monetary policy … [Read more...]
Importance of Futures Market
Filed Under: Advance Investing by
Table of Contents Chapter 1: What is Futures Trading Chapter 2: How Futures Trading Works Chapter 3: Futures Terminology Chapter 4: Importance of Futures Market Chapter 5: Limitations on Futures Trading Chapter 6: Factors Affecting Futures Chapter 7: Who Should Use Futures … [Read more...]
Home Prices Indicate Economic Recovery Despite Looming Fiscal Cliff
Economic doomsday theorists may persist in their declarations that an unresolved fiscal cliff spells disaster for the U.S. economy, but recent data from Standard and Poor/Case-Shiller says otherwise. The organization’s national home price index, released Dec. 26, increased 4.3 percent … [Read more...]
“Super Saturday” and Holiday Spending was a Bust This Year
Consumers spent less than expected this holiday season as the shopping spirit was diminished by poor weather, economic concerns and national tragedy. According to MasterCard Advisors SpendingPulse, a report that tracks spending on holiday merchandise, spending in the two months prior … [Read more...]
Federal Reserve Economic Forecast Off-target
Low interest rates may be a bane to savers’ retirement plans, but they have been a blessing to home builders. As the Federal Reserve has continued its quantitative easing programs to keep interest rates near zero, single family home starts are expected to increase 25 percent in 2012 … [Read more...]
Low Interest Rates Put Retires Financial Future at Risk
While many—mainly borrowers—have been pleased with the Fed’s downward pressure on interest rates, the program is placing many retired Americans’ long-term security at risk. Interest rates are at their lowest point in 100 years as the Federal Reserve tries to stimulate the economy and … [Read more...]
Homebuilder Sentiment of Housing Market at 6 Year High
Recently released figures show that homebuilders in the United States are more confident of the outlook for new housing than they have been in over six years. The National Association of Home Builders/Wells Fargo builder sentiment index has long been viewed as a great indicator of … [Read more...]
Lowest Gas Prices of the Year Just in Time for the Holidays
With this Christmas travel season expected to be the busiest in years, lower gas prices will be a welcome change for travelers. According to industry analysts, the average U.S. gas price is expected to dip below the $3.28 per gallon average that Americans saw at the beginning of the … [Read more...]
Survey Forecasts Economic Growth to Reach 3 Percent in Next Year
Economists believe U.S. economic growth to reach 3 percent by the end of 2013, according to National Association of Business Economics survey results released today. The panel of 44 professional economic forecasters from companies such as Dupont, Ford and JPMorgan Chase—surveyed Sept. … [Read more...]
