Mar 28 2009

Saving Money is Bad for the Economy: Personal Savings Rate Higher, Consumption Slightly Up, Banks get new American Express, and Markets Begging for Money.

Last month the savings rate hit the 5 percent mark.  That makes two months over 4 percent and for the first time in a decade that Americans have actually saved more than 4 percent for two consecutive months.  Saved 4 percent of what?  Of their personal income.  You would think that most people would be […]

Jan 8 2009

Economic and Investing Forecast for 2009: 10 Charts Showing no Economic Rebound in 2009.

Today the ADP National Employment Report stated that private sector jobs fell by a much larger than expected 693,000 in December.  This report stunned on the downside and is a prelude to the Bureau of Labor and Statistics report which comes out on Friday.  The market also suffered its worst one day since early December.  […]

Jan 2 2009

The Federal Reserve and U.S. Treasury Determined to Sink the U.S. Dollar in 2009. Why Gold and U.S. Dollar went up in 2008.

2008 will go down in history as the worst global market for countless investments since the Great Depression.  It was significant even with the late rally which occurred after the November bottom.  What this signifies is that market volatility a sign of a very unhealthy marketplace will continue in 2009.  Yet the more important point […]

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