Today the Dow Jones was closed for President’s Day, but tomorrow it will open with a flourish, and the questions are which direction will it head after losing ground on Friday, although rallying back above 10,000 before the end of the day. I don’t do this often, and I hesitate [...]
Last year around this time I wrote a post titled A Plan For Turning The Economy Around. In that post, I gave five things I thought could help:
no more tax breaks
move up the implementation of the credit card legislation
firm up credit criteria
have a plan for the bailout plan
help the [...]
An article on the Wall Street Journal website titled Debt-Cutting Will Slow Global Growth prophesized that debt cutting efforts by the United States and other countries, and by all the consumers, will slow economic growth for many years, which wouldn’t be a good thing for most economies.
It’s an interesting premise, and [...]
In a recent AP-GfK poll that pretty much got a “duh” response from me, it was reported that 82% of al Americans feel that 2010 will be a better year for their families than 2009, and 72% are optimistic for a good year for the country. That’s pretty strange since [...]
The final financial post of 2009 for Top Finance Blog, and I thought it would be interesting to see what the best and the worst financial news of the year was. There was way more bad news than good news, and to answer the question of which one we want [...]
Finally some good news as we get close to leaving 2009. Holiday sales were up 3.6% over last year, with a lot of those sales coming through online purchases. There was a major surge in purchases from Black Friday through December 24th, over 18% higher than last year, and [...]
Explain this to me, if you can. Why is it that we, the people, know how bad the economy is, yet it seems our politicians and those big government think tanks don’t seem to know it? Rather, why is it they keep saying things are getting better when there’s really [...]