The United States economy is in a quandary right now: companies are hiring but they are part-time, service sector jobs; the stock market is roaring but possibly due to the Federal Reserve inducing bubbles; consumers are borrowing again but debt levels are at or near all-time highs. … [Read more...]
Americans see real estate as top long-term investment: Gallup
The United States real estate market is still rebounding from its crash at the height of the Great Recession. The Federal Reserve continues to pump monthly stimulus into the system that currently benefits homeowners and it seems that Americans still feel owning real estate is a great … [Read more...]
Federal Reserve Limits Bank Deals to Avoid Another Bailout
A major problem in 2008 was the fact that we had large banking institutions with big balance sheets and the Federal Reserve response was to save these institutions via taxpayer bailout. This is where the term “too big to fail” comes from. Over four years later, Chairman Ben Bernanke … [Read more...]
