What We’re Reading 2-3-12
Cyberattacks likely to escalate this year, Byron Acohido, USA Today The Zero Decade, The Wall Street Journal Iran Says Nuclear Scientist’s Murder Shows Foreign-Backed Terror Campaign, Ladane Nasseri and Nicole Gaouette, Bloomberg Class Warfare and the Buffett Rule, Arthur B. Laffer, The Wall Street Journal Saint Warren’s Dark Side, Charles Gasparino, New York Post Robert Shiller: A Housing Bottom? What Are They Thinking?, Henry Blodget, Daily Ticker The Buffett Ruse, The Wall Street Journal Romney’s... Read more of this article
Employment Picture Brightens: Is it Bullish for Stocks?
The Bureau of Labor Statistics released the monthly jobs report this morning. The headline numbers blew away expectations. Non-farm payroll employment increased by 243,000 in January compared to estimates of 140,000. The unemployment rate came in at 8.3%, 0.2% better than expectations. The big upside surprise in January’s employment numbers is likely related to the Labor Department’s annual benchmark survey and population adjustments, but there is no denying the positive trend in the labor market.... Read more of this article
Paul Ryan Calls Out Bernanke on Profligate Monetary Policy
Time for a Ron Paul Dollar?
The Dollar Game Is Rigged
You’re getting less than $0.20 on a 1971 dollar. You can see the decline in my chart. And based on the Fed’s rock-bottom interest-rate policy, there’s no reason to believe it’s getting any better. That’s why you want to study the Wall Street Journal op-ed by David Malpass. He writes: Wednesday’s meeting result could have been worse. The Fed might have announced more purchases of U.S. Treasurys and mortgage securities. It already owns nearly $2 trillion worth and has no limit on its... Read more of this article
Jeremy Jones
Don’t Let This Mutual Fund Mistake Cost You Thousands
What mutual fund mistake am I talking about? This mistake is so common, chances are...
A Recovery in Housing
Has the long anticipated recovery in housing finally arrived? The latest round of...
The 2012 Stock-Market Outlook
Barron’s released its 2012 stock-market outlook this weekend. In the issue, Barron’s...
Balance Sheets Deteriorate: Economy to Suffer
The Federal Reserve released its quarterly flow of funds report last week. The Fed’s...
The Quiet Bull Market in Oil
While the world’s attention has been focused on Europe, the price of oil has risen...
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E.J. Smith - Retirement Money
The Dollar Game Is Rigged
You’re getting less than $0.20 on a 1971 dollar. You can see the decline in my...
Future Dividends, Coupons, and Principal
Your purchasing power is your lifeblood in retirement. On my office credenza is The...
Owning the Best Performers
In its quarterly funds report printed on January 9, The Wall Street Journal lists...
Random Short-Term Markets
There’s no shortage of financial soothsayers out there selling their wares. Some...
Your 2012 Bond Fund Resolution
I hope you made some good money in bonds last year, because it was not a good year...
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