10 Key Components of the Fiscal Cliff
“When a nation has engaged in financial irresponsibility for decades, it is extremely difficult for politicians – who gloss over deficits and point fingers at each other – to reverse course and begin the painful steps needed to redress failed fiscal policies. It’s even more chalenging when it calls for shedding deeply held positions on Read more ➝
Fiscal Cliff Obscures Fading Fundamentals
Investor fears about going over the “fiscal cliff” may be exaggerated. A more tangible threat is the weakening U.S. economy. Earnings are declining, manufacturing has slowed and companies may reduce reinvestment and rehiring. According to this article from Allianz Global Investors “the chances of [the fiscal cliff] actually happening in its entirety are slim. However, if Read more ➝
Congratulations, Mr. President. Here’s how to fix the economy.
In a letter to President Obama, PIMCO CEO Mohamed El-Erian offers a four point plan for getting the country back to 3% annual growth and less than 5% unemployment. He challenges the president to enable and protect what works well in America today, and to help rehabilitate what has stumbled, what continues to struggle, and Read more ➝
Retrain Your Brain for Financial Success
Even the best laid retirement plans are subject to our emotional restlessness. Our emotional attachment to instant gratification sets us up for financial defeat. The ability to know one’s emotions, strengths, weaknesses, values and goals and recognize their impact is a vital component to one’s overall financial plan. The importance of expense mangement and the cost of waiting to save are two things Read more ➝
The Great Recession: An ‘Affair’ to Remember
The business cycles doesn’t seem to care who is president. With the tightening of the Presidential race in recent weeks many are concerned with the speed, or lack thereof, of the U.S. economic recovery. Although the recession technically ended in June 2009, the climb out is happening all to slowly. This article discusses how little Read more ➝
Falling Off the Fiscal Cliff?
With the uncertainty of the Presidential election looming and even greater uncertainty about how Congress will tackle our fiscal woes, many are concerned that the United States will soon fall off a Fiscal Cliff. Although no one could deny that this is a possible outcome, most economist seem to believe that a less dramatic outcome Read more ➝
Beyond 7 Billion
For much mankind’s history, the world population has remained relatively stable, but with advances in agriculture and medicine our world’s population has begun to grow at alarming rates, never before seen. Worse still, it appears that population growth will occur in areas of the world with the least ability to deal with it. Where the growth is coming Read more ➝
The Wonders, the Weirdness, the Life Lessons of TED
OK, I am just going to come out and say it, I’m hooked on TED talks. For those of you who have not yet been moved, inspired or brought to tears by a TED talk I encourage you to jump on board. In 3-18 minutes, some of the biggest thinkers in the world will tell Read more ➝
European Banks Unprepared For Greek Exit From Euro
Bloomberg recently reported that European Banks are unprepared for a Greek exit from the Euro. Once again this issue has become paramount for investors as they try to determine if the Euro can be held together and if it cannot what the consequences will be. Investors who have not taken the time to consider this could Read more ➝
