During a Federal Reserve meeting last December, several officials voiced skepticism about the current policy of quantitative easing. According to Bloomberg News, the central bank would continue buying $85 billion worth of Treasury bonds and mortgage-backed securities each month to encourage hiring and stimulate growth. Several officials expressed concern about the risks of creating artificial bubbles, as well as inevitable inflation.
Investors need to take full advantage of these conditions and the following are some ways to do so.
Sell Your Home
The housing bubble in the 2000s was created in much of the same way as this current artificial inflater. Though other factors play a small role, home values in 20 cities increased by 4.3 percent from October 2011 - October 2012, according to Bloomberg Personal (Read More....)
Authored By Dave Webb
This article concerns the importance of the appearance of things to all media out there.
The main line news media has a little problem. Too often these people have refused to report the news in modern times. Instead the main line news acts like an instrument of the government instead. This seriously effects their creditability with anyone that is into the alternate news media on the Internet. Often times this alternate media reports things that the main stream media will not.
The biggest story of the year should be the obvious broken promises of both the Democratic and Republican parties. Here is a list.
- Recorded speeches by Obama in the past are in direct conflict with his actions as President. Why isn't he being held accountable by both parties?
- What Obamacare is vs what it was claimed to be.
- Republicans declaring “no new taxes” then voting for new taxes.
- Republicans deploring Obamacare yet voting for financing for it. Why aren't they throwing the law off the books until it is represented right?
- A Supreme (Read More....)
by MN Gordon
After much anticipation and hoopla, Fed Chairman Bernanke made his post FOMC meeting utterances on Wednesday. In short: No QE3, for now. More Operation Twist.
Markets didn’t know what to make of it. Initially they rose on the announcement. The Dow jumped over 100 points. After that, however, it slid down 100 points before climbing back up…ending the day about 13 points off where it started.
Then, yesterday, at opening bell, the DOW barfed all over itself…and never recovered. By the time the closing bell rang, the DOW had dumped 250 points.
Jim Cramer said it was the fault of commodities. “Today was a day when lots of investors freaked out that there might not be enough end demand for everything that’s fashioned from commodities, not just the commodities themselves,” said Cramer.
Perhaps Cramer is right…and maybe he is wrong. Here at the Economic Prism we don’t (Read More....)