VIDEO: ECB Is `Only Game in Town’ to Help Europe Crisis
May 30 (Bloomberg) — Luke Spajic, head of European credit portfolio management at Pacific Investment Management Co., talks about the role of the European Central Bank in stemming the sovereign debt crisis, Greece’s euro prospects and his investment strategy. He speaks with Caroline Hyde... Read the full story
VIDEO: Argentines Suffer as Leaders Eschew Free Market Model
In Argentina the Apple computer stores are almost empty. Imported Parma hams, and French cheeses, are not being allowed into the country. Even vital materials for Argentina’s automobile and pharmaceutical industries are unavailable. It’s all part of government crackdown on foreign imports... Read the full story
Be Fully Loaded for Retirement
If you’re thinking about retirement, make sure you’ve got a plan to get out of debt. The best case scenario would be to retire without any debt and to keep it that way. If you’re still working and you have debt, then try to work it down to nothing if you can. Once you retire, getting out of debt... Read the full story
Don’t Miss the Boat this Summer
You will have plenty to see and do in Newport, RI this summer. Fresh Breeze for Newport By DEBORAH MARCHINI| Friday, May 18, 2012| Barron’s Online The America’s Cup World Series, promising lots of thrills, chills, and spills in fast, small boats, is coming this summer to the Rhode Island... Read the full story
JP Morgan Proves Case against more Bank Regulation
Emboldened by JP Morgan’s $2 $3billion trading loss, proponents of the Volcker rule (provision in Dodd-Frank to restrict banks from making speculative investments) are calling for even tougher financial regulation. Treasury Secretary Geithner said of Morgan’s loss: “this failure of risk management... Read the full story
Don’t Make this Mistake
In this low-yield market, it’s easy to be thrown off your game. You know money markets are paying nothing, and your dollars are rotting away via inflation. So when you read or hear about annuities guaranteeing 6% or 8%, it’s hard not to listen up. Well, that’s a mistake. Do not buy variable annuities... Read the full story
VIDEO: Ross – NatGas to Triple in Price
Wilbur Ross, WL Ross & Co. chairman & CEO, expects natural gas and Europe to bounce back. Read More →
What We’re Reading 5-18-12
Recession added debt, drained families’ savings, Christine Dugas, USA Today Time to Admit Defeat Greece Can No Longer Delay Euro Zone Exit, Der Spiegel Iranians Have Democratic Values, Yuval Porat, The Wall Street Journal African child mortality, The best story in development, The Economist A DVR... Read the full story
The Commodities Whale
In a recent IMF working paper, author Shaun K. Roache provides readers with some valuable insight on China’s role in world commodity markets. It is no secret that China is a whale in the commodities space, but Mr. Roache helps readers understand just how much of an outlier China’s commodities consumption... Read the full story
Stocks for the Long-Run
Jeremy Siegel, the famous Wharton School finance professor coined the phrase “stocks for the long-run” with his identically titled 1994 best seller, Stocks for the Long Run: The Definitive Guide to Financial Market Returns and Long-term Investment Strategies. In the book, professor Siegel looks back... Read the full story
