Monthly Archives: February, 2012
Currencies in Crisis, Oil Spiking: Time to Buy?
The Dow Jones Industrial Average and S&P 500 have staged impressive rallies to begin 2012. As of this morning, the Dow was up more...
Poison Annuities on Your Retirement Fund Menu?
The Executive Office of the President’s Council of Economic Advisers wants you to buy annuities in your retirement account. The proposal, released this month,...
Outliving Your Money
In this 0%-interest-rate environment, public pensions like Rhode Island’s are using an assumed rate of return of 7.5%. If and when that estimate goes...
Coordinated Currency Devaluation: Time to Buy Gold
Not to be outdone by Europe or the U.S., the Bank of Japan announced yesterday that it would print an additional 10 trillion yen...