Aug 11 2009
Financial Brinkmanship: Forcing Americans to Spend and Discouraging Savings. Americans Decide to Save Forced by a New Austerity. Banks Offering Zero Percent on Your Savings Account.
Spending more than you earn is a financially devastating recipe for individuals and nations. I’ve read countless pop financial books on how to gain and sustain wealth and those that have any substance always emphasize saving your money, spending less than you earn, and being prudent with your funds. In no book did I ever [...]
Aug 3 2009
The Ultimate Sucker’s Rally: Record Breaking 50 Percent Stock Market Rally in 5 Months: Extreme Market Volatility Occurs in Deep Economic Recessions and Depressions. From 676 to 1002.
Incredible. We have never seen a stock market rally like this in all the history for the S&P 500. In no other time has the S&P index run up nearly 50 percent in the matter of 5 months. Extreme market volatility is the ultimate sign of market distress. Think for a minute and ask yourself [...]
