How to Negotiate a Sea of Stock Market Data for Your Own Personal Gain
Thursday, May 23rd, 2013 By Mitchell Clark, B.Comm. for Profit Confidential 1 inShare Email In the online world of free investment parlance, you can always find an opinion out there that meets your view. That is, of course, the point. Just as you can with statistics, if you dig hard enough, you can find [...]
What’s Fair in Bartering?
Wednesday, May 22, 2013 Amanda Warren Activist PostI have a difficult question and I’d like your help. Admittedly, I am no economist – I know what sounds good and I dream of Atlantis utopias, but I’m downright ignorant with macro economics. I guess bartering is more micro and it comes easy because all you have to [...]
Social Security Benefits, Cost of Living: Protecting Against Inflation
T. Elliot Gaiser May 22, 2013 Adopting the chained CPI (Consumer Price Index) in Social Security to more accurately account for changes in the cost of living is a small first step toward fixing a broken program that is currently accelerating its own demise by paying excess benefits. Fifty-seven million Americans receive Social Security benefits, [...]
Will It Be Inflation Or Delfation? The Answer May Surprise You
By Michael Snyder, on May 22nd, 2013 Is the coming financial collapse going to be inflationary or deflationary? Are we headed for rampant inflation or crippling deflation? This is a subject that is hotly debated by economists all over the country. Some insist that the wild money printing that the Federal Reserve is doing [...]
US Treasury secretary says he has begun tapping federal retiree pension fund to avoid default
Article by: MARTIN CRUTSINGER , Associated Press Updated: May 20, 2013 WASHINGTON – Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt. In a letter to congressional leaders, [...]
Six Reasons Why I Remain Skeptical About the Housing Recovery
Wednesday, May 22nd, 2013 By Michael Lombardi, MBA for Profit Confidential 0 inShare Email A healthy housing market is essential to economic growth in the U.S. economy. But despite what we are hearing from the media, the housing market rebound is facing major headwinds. To start with, home prices in the U.S. housing market [...]
Eurozone Troubles Starting to Show in Corporate Earnings of American Companies
Wednesday, May 22nd, 2013 By Michael Lombardi, MBA for Profit Confidential 0 inShare Email As companies in the key stock indices, like the S&P 500, reported their first-quarter corporate earnings, some of the most notable names showed concerns about the eurozone. Conglomerate General Electric Company (NYSE/GE) said, “We planned for Europe to be similar [...]
Iceland Freezes EU Plans as New Government Shuns Euro Crisis
By Omar R. Valdimarsson – May 22, 2013 Iceland’s new government is turning its back on the European Union and will shelve accession talks that started in 2010 as the nation seeks to protect its economic recovery from the debt crisis. Sigmundur David Gunnlaugsson, who will take over as prime minister this week, has decided [...]
UK exit from EU would be ‘loss/loss scenario’, warns Goldman Sachs
There would be no winners and only economic losers if the UK quit the European Union, Goldman Sachs has warned in a note. By Louise Armitstead 20 May 2013 Kevin Daly, part of the investment bank’s economic team, has concluded that a British departure from the EU would result in a “loss/loss scenario” in which [...]
America’s Bubble Economy Is Going To Become An Economic Black Hole
By Michael Snyder, on May 21st, 2013 What is going to happen when the greatest economic bubble in the history of the world pops? The mainstream media never talks about that. They are much too busy covering the latest dogfights in Washington and what Justin Bieber has been up to. And most Americans seem [...]
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