Financial Doom - Current Best Sellers

Go ahead and read those apocalyptic books on the economy if you like a good scare. But be sure you recognize fiction when you see it.
By Jim Jubak
If fairy tales express our deepest fears, then investors must be on the verge of a psychotic breakdown.
The current crop of financial gloom-and-doom books carry titles such [...]

The Price for Food and Fuel Will Only Go Up

Read This - and get out of debt and start to save more cash

The Cash Advantage (Even When Rates Are Low)

By J. ALEX TARQUINIO
Published: March 16, 2008

ALTHOUGH short-term interest rates have been dropping, many advisers still recommend that investors hold plenty of cash — and that they keep it in safe and simple accounts. “The biggest mistake people make is reaching for yield and putting their capital at risk,” said David Darst, the chief [...]

CNNMoney.com - Interest Rates Tumble

CNNMoney.com
The bond yield tumble, and the economy
Monday March 24, 7:15 am ET
By Paul R. La Monica, CNNMoney.com editor at large
Bond yields have plunged in the past few weeks. And even if you are not an active investor, you should care about what’s been going on in the bond markets lately. Here’s why.
The yield on the [...]

Crude Oil Rises to A Record

 
Crude Oil Rises to Record above $92.50 a barrel in New York after Turkey’s Foreign Minister said his government is considering “all options” including military action to deal with Kurdish rebels operating from Iraq.
Crude oil for December delivery rose as much as 93 cents, or 1 percent, to an all-time high of $92.79 a barrel [...]

Investment Outlook - PIMCO

Investment Outlook

Bill Gross | October 2007

What Do They Know?

Under a conservative assumption of 2½% inflation, PIMCO’s view is that the U.S. Fed will lower the Fed Funds rate to 3¾% or so over the next 6-12 months. (Actually that’s only two, 50 basis point reductions from where we are now).  (more…)

U.S. Salaries Are The Most Unequal Since 1928

Salaries in the U.S. are the most unequal since 1928.
The median household income has been stagnant since the economic recovery began in 2001.
Adjusted for inflation, the wages of nonmanagement employees are 10% below their levels in the early 1970’s.
According to the Bureau of Labor Statistics, the average household income is now only slightly above where [...]

Fed will print Money!

A Little Economic History
Why the Fed has no other Alternative but to print Money!
The entire economic expansion of the US in the 19th century was a deflationary boom. Declining prices led to strong real income gains. As time went by, workers could buy with their incomes a larger and larger basket of goods [...]